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| | | | | | | Regional auto insurers innovate | | | | Learn how simplified integration drove digital quoting to help two personal auto insurers compete on a larger stage. | | | | | | | | Verisk | | |
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| Today's Headlines | September 27, 2022 |
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Small and medium-sized businesses, which make up a huge portion of freight moved globally, have long struggled with underinsurance because traditional insurance products just have not met their specific needs, according to the founder and CEO of Loadsure, the pay-as-you-go InsurTech managing general agent. After many years working as a freight and logistics broker in... read more | | |
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Cyber threats were the top concern for business decision-makers for the third time in four years, according to the 2022 Travelers Risk Index. Cyber threats were chosen as a top concern by 59 percent of respondents, followed by broad economic uncertainty (57 percent), fluctuations in oil and energy costs (56 percent), the ability to attract... read more | | |
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In 1982 Veterinary Pet Insurance (VPI) issued the first commercial pet insurance policy for dog celebrity Lassie. Today, 4.41 million North American dogs and cats are covered by pet insurance, and that number is projected to increase by 16.7% until 2030. This number ... read more | | |
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Marsh McLennan announced that Daniel S. Glaser will retire at year end following a decade leading the company. John Q. Doyle will succeed him as president and chief executive officer, as well as joining the board of directors, effective Jan. 1, 2023. Glaser has served as president and CEO since 2013. Prior to that, he... read more | | |
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Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: "Maintaining resilience: the role of P&C insurers in a new world order." Supply chain restructuring is expected to create investments in new infrastructure and production facilities, increasing demand for engineering insurance. Reshoring... read more | | |
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Nationwide Agency Forward survey showed 40 percent of small business owners expect a cyber attack to cost less than $1,000, and another 60 percent think it would take less than three months to fully recover. However, Nationwide claims data shows cyber claims range between $15,000 to $25,000 in recovery costs, plus costs associated with the... read more | | |
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The majority of Americans (76 percent) say they would feel less safe driving or riding in cars with self-driving features. Similarly, 73 percent of people would feel less safe knowing others on the road are traveling in cars with self-driving features, according to a recent survey from Policygenius. Respondents were also skeptical about the potential... read more | | |
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Managing general agencies, technology companies and property/casualty specialty insurers announced partnerships recently to deliver coverage offerings for workers compensation, cyber and drone insurance. *** SiriusPoint Providing Capacity for Workers Comp MGA Insurate. On Sept. 21, Bermuda-based global specialty insurer and reinsurer SiriusPoint Ltd. announced that it will provide capacity and collaborate with MGA Insurate in... read more | | |
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| | In 2021, US crop insurers achieved favorable results, with record high premium ... read more | |
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| | In this newly released State of Technology Survey report, carriers and MGAs ... read more | |
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| | Insurers face formidable challenges when it comes to the end-to-end handling of ... read more | |
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| | Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| | It is no easy feat to underwrite in the Gulf-adjacent states, but minimizing ... read more | |
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