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Total new worldwide funding commitments to the Insurtech sector in 2019 have already surpassed the 2018 full-year total, according to Willis Towers Watson (WTW), a global advisory and broking company. 24 October 2019
Insurance
Aon has appointed Michael Moran to a new role, in which he will look to accelerate a consistent approach to client leadership around the world. 24 October 2019
Insurance
American International Group (AIG) plans to launch a new syndicate at Lloyd’s serving the specialist U.S. high net worth market. 24 October 2019
Insurance
Solutions to the issue of silent cyber are emerging amid the uncertainties, according to Guy Carpenter. But firms must take this issue seriously as regulators and rating agencies are now taking a close interest in the issue with the risk of downgrades very real for companies that do not get a handle on the challenge. 22 October 2019
Insurance
Applied Systems, a global provider of cloud-based software for the insurance industry, has updated its digital agency and brokerage portfolio. The latest advancements enable greater connectivity between agencies, brokerages, insurer partners and the end insured to create greater collaboration for higher-value business transactions and operational efficiencies. 17 October 2019
Insurance
US retail insurance broker EPIC Insurance Brokers & Consultants has acquired retail insurance broker Prime Risk Partners. The acquisition adds approximately 600 people in 20 locations and over $115 million in revenue. 17 October 2019
Insurance
Swiss Re and global car electronics company Pioneer have co-developed an innovative telematics solution that provides insurers with better and more personalised risk assessment, while supporting safer driving behaviour. 17 October 2019
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US insurer Applied Underwriters and its subsidiary North American Casualty Co., a group of diversified, national financial services companies, have been acquired by Applied's founder, Steve Menzies, joined by the Quasha Group led by Quadrant Management. 17 October 2019
Insurance
On-demand insurance will play a fundamental role in the future of the industry, according to research from the International Underwriting Association (IUA)., which says that pay-as-you go models of cover will allow customers to automatically activate policies when and where they need them. 17 October 2019
Insurance
Mark James has been named chief risk and reinsurance officer for CNA, one of the largest US commercial property and casualty insurance companies. 17 October 2019
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