News
Insurance
The carrier plans to write E&S lines coverages sourced through programme administrators and MGAs. 9 July 2021
Insurance
Since the impact of the COVID-19 pandemic began to be felt, in the US and across the world, insurance companies have had to re-invent their ways of working—much due to social distancing and the increase in remote working, and the uptake of e-commerce. Subsequently, insurers have had to expedite their digital transformation programmes and their digital processes to remain relevant. 7 July 2021
Insurance
The re/insurer believes the small and mid US commercial insurance market is underserved and ripe for disruption. 6 July 2021
Insurance
Too much potential business should be a nice problem to have. However, sifting through submissions that may—or may not—make up profitable future lines of coverage comes at a price. 24 June 2021
Insurance
The Phoenix stake was acquired in the sale of ReAssure in 2020. 23 June 2021
Insurance
It’s an interesting time to be in the cyber insurance market. The opportunity is huge, with a current market size of $8 billion and growing to around $20 billion by 2025. At the same time, challenges are real and dynamic. Threat actors continue to develop tactics to automate and scale operations to achieve their goals, monetary or otherwise. 23 June 2021
Insurance
There is no shortage of data available to underwriters. There is more than enough to build a comprehensive picture of risk, with more streams coming online every day. However, organisational and cultural silos still get in the way of an effective data-driven underwriting culture. 23 June 2021
Insurance
Insurance CFOs expect a rebound in earnings, supported by P&C rate hikes and higher demand post-pandemic. 21 June 2021
Insurance
For too long carriers have been looking to driver behaviour to provide the answer to the question of how to accurately assess auto risk. One potentially controversial view is that driver behaviour may not be the best indicator. Instead, carriers should be looking to vital contextual data that can paint a far more objective and accurate picture that can benefit both driver and insurer. 21 June 2021
Insurance
UK insurtech Send Technology Solutions has launched an ‘underwriting workbench’, a global SaaS platform that supports and facilitates the entire underwriting process from submission to bind. 17 June 2021
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