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Today's Headlines August 25, 2022

How to Avoid Ghosting: Hiring Trends and Advice for Insurers

Property/casualty insurance carriers looking to hire talent in 2022 need to move quickly to snap up in-demand professionals, including sought-after claims professionals and underwriters with multiple offers, an insurance adviser said last week. But some carriers are moving too quickly, an insurance recruiter said, noting that ghosting is a possible consequence of acting hastily. Jeff... read more
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Rising Premiums, Low Catastrophe Losses Boost U.S., Bermuda Reinsurers' H1 Profits

U.S. and Bermuda reinsurers reported strong operating performance for the first six months of 2022, supported by continued pricing increases in most reinsurance and specialty lines of business as well as tighter terms and conditions and low catastrophe losses, according to a report published by Moody's Investors Service. Gross premiums written for the group increased... read more
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 Brand Spotlight 
Cutting through the data noise in small commercial

Small commercial insurers are racing to innovate within an ecosystem that supports simplified, accelerated, and accurate underwriting. Data can point the way, but it needs to be the correct data: Clean, relevant, and insightful. That’s not always easy in the age of Big Data, which ...read more
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Tech Bytes: New Partnerships at Propeller, XDimensional Technologies, SolCyber

Propeller Inc., an InsurTech managing general agency specializing in surety bonds, signed an agreement with SIAA, an alliance of independent insurance agencies in the U.S., to serve as a surety partner to its member agencies through the SIAA MarketFinder portal. The partnership focuses on delivering Propeller's proprietary, white-labeled (URL) technology to agents and brokers, allowing... read more
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'Hating ESG': Advocates Are Looking to Replace the Label

A number of sustainable investing champions say it's time for the "ESG" label to be shelved and replaced by something less likely to draw attacks from both the political right and left. Robert Eccles, a professor who's spent the past 12 years researching sustainability at Harvard Business School and now University of Oxford's Said Business... read more
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Gas Producer Santos Faces New Climate Claim in Landmark Greenwashing Case

Activists mounting one of the world's first legal challenges over corporate greenwashing have expanded a case against gas producer Santos Ltd., raising fresh allegations about the company's climate plans. A suit filed against the oil and gas producer is the first time a major company has been challenged over the detail of emissions reduction targets,... read more
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Weather Whiplash: Why Floods and Droughts Are Coming Together

Parts of northern Texas, mired in a drought labeled as extreme and exceptional, are flooding under torrential rain. In a drought. Sound familiar? It should. The Dallas region is just the latest drought-suffering-but-flooded locale during a summer of extreme weather whiplash, likely goosed by human-caused climate change, scientists say. Parts of the world are lurching... read more
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Research and Webinars

The Importance of Relationships Over Technology

Artificial Intelligence is going to be a major key to growth in this decade. ...
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2022 Hurricane Exposure Report

Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ...
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Reducing Commercial Auto Risk Exposure for Incomplete Trucks via Accurate Data & Automation

It's likely that 65% of commercial trucks on your books are undervalued. ...
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How to Use Data to Select the Right Risks

It is no easy feat to underwrite in the Gulf-adjacent states, but minimizing ...
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Identity Theft: 2020 vs 2021

Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ...
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Media

EP. 43: Part 1 – How Should Insurers Be Thinking About Digital Privacy Post-Roe v. Wade?

InsurTech Newsletter


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