Articles
Insurance
Technology is giving a competitive edge to insurers in the form of faster claims settlements, but this must not come at the expense of a positive client experience, according to claims leaders from Beazley and LV=. 4 October 2019
Insurance
Some six million customers are overpaying for their insurance, according to the UK’s watchdog, the Financial Conduct Authority (FCA), which has proposed tough new measures to address the issue. 4 October 2019
Insurance
Everest Insurance Ireland, DAC (EIID), the Dublin-based subsidiary of Everest Re Group, has announced that its newly-launched branch office in the UK is now fully operational. 4 October 2019
Alternative Risk Transfer
Artex Risk Solutions has confirmed it will acquire Bermuda-based Horseshoe Insurance Services Holdings which it said will “significantly strengthen” its insurance-linked securities (ILS) operations. 3 October 2019
Insurance
Digital risk placement Whitespace is donating its digital contract data structures to ACORD, the Association for Cooperative Operations Research and Development, the standards-setting body for the global insurance industry. 3 October 2019
Insurance
Italian insurer Generali is set to spend some €3 billion acquiring smaller and mid-size insurance companies and asset managers, its chief executive Philippe Donnet. told Bloomberg in an interview. 3 October 2019
Insurance
Swedbank, a bank and insurance providers in Sweden and the Baltic, is implementing underwriting technology from Munich Re Automation Solutions. 3 October 2019
Insurance
Steel City Re has published a checklist for firms looking to bolster their reputational resilience as social media, smartphones and other technology, and the rise of cyber crime has made them more vulnerable to this kind of threat. 3 October 2019
Insurance
Data analytics firm Verisk is set to acquire US firm BuildFax, a provider of property condition and history data, after signing a definitive agreement with the company's shareholders. 3 October 2019
Insurance
Almost half (49 percent) of all UK councils have faced a cyber attack since the beginning of 2017, with cyber criminals hitting these organisations with 263 million attacks in the first half of 2019 alone, research has revealed. 3 October 2019
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