News
Insurance
Research organisation Gartner has given the Accenture Life Insurance & Annuity Platform (ALIP) the highest score in its digital user support use case in a new report, Critical Capabilities for Life Insurance Policy Administration Systems, North America. 15 October 2019
Insurance
The leading provider of web-based property valuation solutions, e2Value takes a unique approach to insurance-to-value and collateral value monitoring. Co-founder Todd Rissel explains how it works. 14 October 2019
Insurance
Pen Underwriting’s innovative escape of water claims process could save industry almost £100m a year
A new escape of water claims process devised and delivered by specialist insurance business Pen Underwriting, in partnership with third-party administrator Davies Group, has the potential to reduce related industry indemnity spend by almost £100 million a year, Pen Underwriting said. 14 October 2019
Insurance
Economic development is expected to deteriorate significantly from +32 percent currently to -5 percent worldwide according to a new study by German online statistics portal Statista. 14 October 2019
News
Property monitoring technology makes data-driven underwriting easier and better informed than ever, as Shepherd CEO Stephen Chadwick explains to Intelligent Insurer. 11 October 2019
Insurance
Activist investor CIAM has criticised SCOR’s Quantum Leap strategy, launched in early September, as “nothing innovative”, claiming it “mainly relies on new accounting standards (IFRS17) to revalue the reinsurer by 2021, without significant intrinsic value creation”. 30 September 2019
Insurance
Aon, the global professional services firm, has launched an “action-based monthly motor carrier insurance program” in the US available exclusively through CarrierHQ’s online portal. 25 September 2019
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has partnered with Zurich-based Synpulse to improve the property and casualty (P&C) underwriting process for insurers. 20 September 2019
Insurance
Environmental risks are the biggest ESG factor for insurers and reinsurers, and Asia-Pacific is the region of most concern. 17 September 2019
Insurance
SCOR has successfully delivered on its ‘Vision in Action’ targets on a normalised basis - profitability and solvency - and has ambitions for expansion with “growth assumptions in the range of 4 to 7 percent on a premium basis” for its new ‘Quantum Leap’ strategic plan, Frieder Knuepling, chief risk officer at SCOR, told Monte Carlo Today. 11 September 2019
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