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AI and automation can be a ‘game-changer’ for commercial insurers
Insurance
Insurers that embrace artificial intelligence and automation will gain a competitive edge that could help them swallow their rivals in the future, experts have said.   6 February 2019
Hiscox appoints Dolphin, Lee and McConnell to key leadership roles
Alternative Risk Transfer
Specialist insurer Hiscox has made two new appointments within its reinsurance and insurance-linked securities (ILS) business, and named chief underwriting officer for Hiscox USA.   1 August 2019
Travelers acquires majority stake in Toronto-based Zensurance
Insurance
US-based property/casualty insurer Travelers has acquired a majority stake, approximately 60 percent, in the Canadian fintech start-up Zensurance for roughly C$16 million ($12.2 million), according to BetaKit.   24 August 2018
Insurance
Gerald Stephens, the founder of US specialty insurer RLI, has passed away at the age of 86.   24 August 2018
Insurance
Global broking company Brokerslink has appointed one of its founders and former CEO José Manuel Fonseca as its new chairman.   12 October 2018
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
News
The firm has partnered with Hiscox for the launch.   16 January 2020
Insurance
Solvency II ratios remain under pressure.   16 January 2020
Insurance
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

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