Critical Information for P/C Carrier Executives
| Today's Headlines | June 29, 2021 |
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The COVID-19 pandemic has left the insurance industry's longstanding talent crisis with new challenges—and fresh opportunities. Before the pandemic, carriers were concerned about a wave of Baby Boomer retirements and fierce competition with other industries for new talent. While COVID loosened the labor market somewhat, it didn't eliminate carriers' ongoing need to find new ways... read more | | |
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As we mark the one-year anniversary of COVID-19 and the resulting social and workplace changes that it triggered, many things have changed. The work-from-home model is looking like it will be a big part of how we move forward. The old days of soldiering on through illness and dragging yourself into the office are no... read more | | |
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Usage-based insurance (UBI), once considered a fringe auto product by some, has found its way into the spotlight. Changes in mobility trends during the pandemic have increased consumer demand for UBI. In response, many insurers are adopting UBI as a strategic imperative, and seeking this...read more |
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Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime - and the costly attacks are not going to stop, a top expert at insurer Sompo Holdings Inc said on Tuesday. read more | | |
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The European Commission plans to update its rules on worker safety to reflect the shift millions employees made to working from home during the COVID-19 pandemic and to reflect the anticipated digital and green recovery. During the pandemic, nearly 40% of workers began to work remotely full time, reducing social contact and increasing their use... read more | | |
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SPONSORED BY: Athenium Analytics As climate change continues to bring more frequent and costly natural disasters, insurance carriers must reimagine their approach to forecasting and responding to catastrophes - before they affect the bottom line. Learn more in this new insurance whitepaper from Athenium Analytics.... read more |
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Digital MGA Roamly is poised for expansion, thanks to more than $120 million in equity and debt financing raised by parent company Outdoorsy - a global online RV rental and outdoor travel marketplace. read more | | |
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Insurance software company EIS secured a $100 million investment from private equity firm TPG, money designed to help it accelerate product development across multiple product lines. A geographic expansion is also in the works. read more | | |
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Covéa, the French non-life mutual, is interested in acquiring AXA XL's reinsurance business, AXA Re, in deal that could be valued at €5 billion, according to press reports. read more | | |
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E-cigarette maker Juul Labs Inc has agreed to pay $40 million to North Carolina to settle a lawsuit by the state accusing it of marketing its products to minors. read more | | |
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| Self-sufficiency is critical for an insurer to gain that sought-after control. ... read more | |
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| Striking the right balance between automation and the human touch is a top ... read more | |
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| 60% of CIOs say their organization's technical debt has risen over the past ... read more | |
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| Identity thieves are increasingly targeting non-financial accounts, including ... read more | |
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| Against the backdrop of digital transformation and the pandemic, insurers can ... read more | |
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