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| | | | | | | What's happening inside that building? | | | | Does your data reflect the most current occupancies for your commercial property portfolio? Don't wait for an unexpected claim to find out. Get current data. | | | | | | | | Verisk | | |
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| Today's Headlines | June 9, 2022 |
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Given the highly competitive non-life market, and the depressed pricing that accompanies excess capacity, leaders in the global property/casualty insurance and reinsurance markets have found innovative ways to cut expenses to improve underwriting profit margins. A five-year benchmarking analysis of AM Best-rated non-life companies' innovation assessments indicates that COVID-19 has widened the innovation divide, with... read more | | |
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AXIS Capital Holdings Ltd. announced it has completed the shift of AXIS Re from property reinsurance to focus instead on casualty, specialty, accident and health, and credit lines. With the refocus of AXIS Re, AXIS Re CEO Steve Arora will leave at the end of the year, following nearly five years with the company. He... read more | | |
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The Guide for Improving Your Ease of Doing Business addresses the age-old insurance industry problems spawned from decades of operations and compliance teams having to rely on legacy systems to maintain troves of data. The guide explores how the insurance industry's reliance on outdated ... read more | | |
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| | | | | | | The 5 Ways PA Can Help You Grow | | | | In this interactive webinar, Pia Corbin, retired SVP at Geico, will discuss how PA (predictive analytics) enabled Geico to overcome certain core business challenges. | | | | | | | | Pecan AI | | |
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Columbus, Ohio-based InsurTech Branch recently announced a $147 million Series C funding led by Weatherford Capital. The raise brings Branch's valuation to $1.05 billion. Participating new and existing investors include Acrew, AmFam Ventures, Anthemis, Gaingels, Greycroft, HSCM Ventures, Narya, SignalFire and Tower IV. The equity financing round positions Branch to accelerate its national rollout while... read more | | |
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A U.S. House of Representatives subcommittee on Wednesday is holding a hearing on soaring American traffic deaths and efforts to build safer roads. Last year, traffic deaths jumped 10.5 percent to 42,915, marking the highest number killed on U.S. roads in a single year since 2005. Congresswoman Eleanor Holmes Norton, the Transportation and Infrastructure subcommittee... read more | | |
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SPONSORED BY: Amazon Ads Max Life Insurance used Amazon DSP to reach custom audience segments based on life stage, lifestyle habits, and product purchases - 66% of the generated leads were found to be relevant. Amazon Ads can help design ad experiences that leverage billions of first-party insights... read more | 
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According to a report from the FTC, over 46,000 people lost over $1 billion in cryptocurrency from scams since the start of 2021. The losses in 2021 ($680 million) were nearly six times what they were in 2018. In the first quarter of 2022, reported cryptocurrency fraud losses already totaled $329 million, said the FTC.... read more | | |
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The verdict is in: Londoners enjoy and value working from home and don't see a future that includes a return to the old five-day office week, no matter what politicians, their bosses or the media say. Almost 80 percent of London-based staff who now work remotely at least once a week say the experience has... read more | | |
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Dysfunction is highly contagious. Two Rutgers-led studies examine how counterproductive behaviors and bottom-line thinking spread through the workplace, ultimately hurting productivity. The first study, published in the Journal of Management, reveals why entire teams and departments—not just one or two problematic employees—may engage in behaviors such as bullying, stealing, loafing on the job, and chronically... read more | | |
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| | According to the FBI, the insurance industry loses $40 billion per year to ... read more | |
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| | As the world has turned digital, technological business solutions continue ... read more | |
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| | Automation is essential to the insurance industry's digital transformation ... read more | |
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| | A clunky and inefficient claims process leads to unhappy customers. Is it your ... read more | |
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| | Research firm Aite-Novarica interviewed 10 life, annuity, and P/C insurance ... read more | |
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