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Over the next decade the claims process will be transformed, with what McKinsey and Company describes as transformative, next-generation capabilities. The authors of its April 2019 report, “Claims 2030: Dream or reality?” Deniz Cultu, Elixabete Larrea, Michael Müssig, and Swapnil Prabha, believe insurers are on “the cusp of a new era of claims management, one supported by rapid technological advancements that provide unprecedented visibility into the claims process” and the risks that surround them. 7 July 2021
Insurance
US-based insurer Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit. 25 May 2017
Insurance
Century Underwriting, the specialist commercial managing general agent (MGA) has been granted Lloyd’s coverholder status; an important development in the firm’s five year diversification plan to become a multi specialist lines MGA. 1 February 2016
Insurance
Barbican Insurance Group has promoted three senior underwriting executives at Syndicate 1955. 15 January 2019
Insurance
Hartford Financial Services Group is acquiring The Navigators Group for $2.1 billion in a move that will see the US insurer expand its offerings and underwriting risk appetite. 22 August 2018
Insurance
Hyperion invests aims to strengthen competitive position in the insurance sector. 4 December 2019
Insurance
Global marine underwriting premiums for 2016 fell to $27.5 billion, a 9 percent reduction on the figure reported for 2015, the International Union of Marine Insurance (IUMI) said on Sept. 18. 18 September 2017
Insurance
Commercial lines insurers must embrace the same levels of automation prevalent in personal lines, particularly within the London Market if it is to compete with other platforms globally, Patrick Molineux, general manager of insurance at CSC, told Baden-Baden Today. 25 October 2016
Insurance
Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector. 21 November 2018
Insurance
Allianz Australia has been selected to purchase the general insurance business of the Territory Insurance Office (TIO). 24 November 2014
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