Articles

Insurance

KBW predicts Tropical Storm Dorian ‘likely to impact reinsurers more than primary Florida insurers’

Tropical Storm Dorian is expected to strengthen into a hurricane and predictions suggest it could make landfall on the Florida coastline on Monday September 2 early in the morning, US east coast time.   28 August 2019

Insurance

Applied Systems launches updated digital agency and brokerage products

Applied Systems, a global provider of cloud-based software for the insurance industry, has updated its digital agency and brokerage portfolio. The latest advancements enable greater connectivity between agencies, brokerages, insurer partners and the end insured to create greater collaboration for higher-value business transactions and operational efficiencies.   17 October 2019

Insurance

Illegal cannabis farms account for high proportion of malicious damage claims in England and Wales

Insurance claims in England and Wales from landlords whose properties have been converted into illegal cannabis farms account for a third of the total value of all malicious damage claims received, reveals new research from business insurance provider Direct Line for Business.   17 October 2019

Insurance

Zurich on track for 2019 targets

Zurich Insurance Group is on track to achieve its 2017-2019 financial targets, management said on Dec. 5, 2018.   5 December 2018

Insurance

Hurricane Michael insured losses reach $5bn

The total estimated insured losses from hurricane Michael have reached $5.02 billion, according to the Florida Office of Insurance Regulation.   16 January 2019

Technology

Duck Creek: how much automation is too much?

Automation has the potential to transform the claims lifecycle. But, as the insurance industry shifts to a more digital mode of interaction, the question of how much automation is required has to be asked.   27 October 2020

Insurance

New Geneva Association and IFTRIP task force to address emerging cyber terror risks

The International Forum of Terrorism Risk Reinsurance and Insurance Pools (IFTRIP) and the insurance industry think tank Geneva Association (GA) are launching a joint task force on cyber terrorism and cyber warfare.   10 October 2019

Insurance

Lloyd’s of London chair Carnegie-Brown joins insurtech Cuvva

UK-based insurtech start-up Cuvva has appointed Lloyd's of London chaiman Bruce Carnegie-Brown to chair its board, succeeding Nick Parker.   10 October 2019

Insurance

Google’s AI-focused fund gives insurer Openly significant seed money

Technology enables ‘firm customer quote in less than 20 seconds’.   26 November 2019

Insurance

Amynta appoints global head of structured solutions

Prior to Amynta, he co-founded StatSure Financial.   26 November 2019

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