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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 13, 2022 |
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There's a new kid on the InsurTech block, and it's seeking to make the insurance experience faster and more personalized with embedded insurance. Embedded insurance is an emerging area of the insurance industry in which insurance is wrapped into the purchase of a product, such as a home or a car, bringing coverage directly to... 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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Roof data may be incomplete for some homeowners insurers, leaving them with blind spots or disconnected information about specific risk factors. Verisk estimates that 2021 U.S. roof claims surpassed $19 billion, or about 30 percent of all property loss dollars. Incorrect roof age data ... read more | | |
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Primary insurers surveyed by a Moody's Investors Service expect to pay more for both property and casualty reinsurance in 2023, but those willing to pay up for higher amounts of cover will likely seek property-catastrophe protection. The rating agency released results of its survey of 39 cedents last week, on the same day it separately... read more | | |
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Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry executives and experts say remote human supervisors may be needed permanently to help robot drivers in trouble. The central premise of autonomous vehicles—that computers and artificial intelligence will dramatically reduce accidents caused by human... 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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MS Amlin AG announced it would rebrand this month to MS Reinsurance, which reflects parent company MS&AD's commitment to building a leading, globally diversified reinsurer. The company said that MS Reinsurance clients will continue to benefit from the group's balance sheet strength and its diversified portfolio. Part of a wider business transformation project led by... read more | | |
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Liberty Mutual Insurance announced appointments to two newly created roles in its Global Risk Solutions (GRS) Office of Underwriting. Effective Sept. 26, Julia Chu will join as head of Underwriting Planning, Performance & Portfolio Management, and Thomas Leahy will become global product leader, Financial Lines. Both will report to GRS President of Underwriting Matthew Moore.... 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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| Artificial Intelligence is going to be a major key to growth in this decade. ... read more | |
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| Arturo's Hurricane Exposure Report analyzes 17,398,366 single-family residences ... read more | |
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| Transformative projects are never easy, but with the wisdom of your peers, you ... read more | |
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| AI underwriting is here: Are you ready? What do you think of when you think of ... read more | |
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