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| | | | | | | Turn Data Into Action | | | | Discover how on-site expertise paired with advanced computer modeling can empower your underwriting with more risk insights for 15.4 million properties. | | | | | | | | Verisk | | |
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| Today's Headlines | February 17, 2022 |
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The insurance industry is built on data—sensitive financial, health, and personal data—and must do everything in its power to protect that data from criminals. This requires protecting business operations while simultaneously mitigating the risks, including the financial impact, of cyber attacks. In addition, insurers must comply with recent cybersecurity laws and regulations or be prepared... read more | | |
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Experienced older workers will retire eventually, but a new study suggests how employers may persuade some of them to stick around for a few more years. It all comes down to offering a specific type of work environment—one that includes autonomy, participation in decision-making, information sharing, training opportunities, and good compensation and benefits. The nine-year... read more | | |
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Smart technology is becoming increasingly crucial for reducing insurance losses for Property and Casualty (P&C) carriers. New smart home technology, such as internet-connected security systems, smoke detectors and sensors, can alert homeowners when there's a potential issue and provide vital data and new revenue streams ... read more | | |
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Just when insurers saw signs that last year's reform legislation may be having an impact on claims litigation, bad news appeared in the inbox Wednesday. CaseGlide, the maker of litigation management software, which also tracks claims disputes, reported that the number of new litigated claims for the 17 largest P/C insurers in Florida were just... read more | | |
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Denmark's Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England, according to people familiar with the matter. The French firms are in advanced discussions to acquire a stake in Hornsea 2,... read more | | |
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Storms across northwest Europe are set to drive electricity generation from wind farms to records this week in gusty conditions that threaten to disrupt transportation and down power lines. Weather forecasters in the UK, France and Germany warned high-speed winds are expected Wednesday evening and into the next day. The stormy weather will drive wind... read more | | |
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InsurTech MIC Global has received "in-principle" approval from Lloyd's for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC Global offers end-to-end digital micro insurance products, providing cover for millions of people and businesses that are unserved by current insurance models. The new syndicate will be managed by Asta, the leading third-party managing agent... read more | | |
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Boost Insurance, alongside its market partner, Breach Insurance, an InsurTech that provides insurance technology and regulated insurance products for the cryptocurrency market, announced the launch of Crypto Shield, an insurance product for cryptocurrency available to retail wallet holders. Crypto Shield covers the theft of cryptocurrency while in the custody of a qualified custodian. Crypto Shield... read more | | |
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National Interstate Insurance Company, a member of Great American Insurance Group, has promoted Shawn V. Los to president and chief operating officer. Los joined National Interstate in 2001 as an underwriter trainee and most recently served as executive vice president. During his 20 years with the company, he has held numerous management and executive positions... read more | | |
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| | It's good to be in the E&S market right now. Indeed, E&S typically ... read more | |
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| | Strategy Meets Action (SMA) offers insurers insights on advancements in premium ... read more | |
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| | Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ... read more | |
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