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Insurance
In a speech at the General Insurance Research Organisation conference in Dublin, David Rule, Bank of England executive director of insurance supervision since July, said that the Prudential Regulation Authority (PRA) is concerned that general insurance firms may not be adequately managing their exposures. 21 September 2016
Insurance
Randall & Quilter has acquired a portfolio of general insurance run-off business from Aegon Insurance Company (AIC) via its Malta operation, R&Q Insurance (Malta) (RQIM). 8 September 2016
Insurance
Century Underwriting, a specialist commercial managing general agent (MGA), has expanded its product offering to include liability and environmental impairment liability. 15 February 2017
Insurance
Edgar Lavarello and Dan Schwarzmann of PwC appointed as joint administrators. 12 December 2019
Insurance
The sale, to Heritage Life Insurance Company, is expected to close in early 2020. 12 December 2019
Insurance
An agile and lean managing general agent (MGA) market may help insurers respond to a soft market which makes finding profitable growth a challenging quest. 3 May 2017
News
White Mountains Solutions, the specialist runoff acquisition subsidiary of the White Mountains Insurance Group, is to acquire American General Indemnity Company and American General Property Insurance Company from American General. 27 June 2012
Insurance
Organisations are approaching evolving and, in particular, volatile risks with a heightened sense of caution. But these threats must also be seen as opportunities, according to Aon’s Rhonda Jenn. 21 March 2022
Insurance
As the integration of big data, artificial intelligence, and machine learning takes off, the risks and opportunities for more complex, automated cryptocurrency insurance grows, says Lorie Graham of AmericanAg. 15 August 2022
Insurance
The need to innovate and automate claims processes is nothing new for insurers. Insurers therefore need to be able to identify and adopt technology solutions that are scalable and adaptable, and it’s vital for them to improve the value offering to insurance customers. With the right technology in place, claims can be expedited to improve customer and employee satisfaction by reducing leakage and by empowering the workforce to meet ever-growing and demanding customer expectations. 23 September 2021
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