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| | | | | | | High Quality, Low Risk Clients | | | | You'll find them easier if you integrate a geoprocessing solution into your P&C platform so you can pre-score potential policyholders using GEOSPATIAL DATA. | | | | | | | | Korem: The Geospatial Expert Shop | | |
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| Today's Headlines | February 16, 2022 |
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A single hour of downtime from mission-critical, third-party IT service providers can cost small and medium-sized enterprises tens of thousands of dollars, but traditional insurance often does not cover these significant losses. That's why the founders of Parametrix Insurance came up with the idea to cover clients for short-term cloud outages, network crashes and platform... read more | | |
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The prospect of property/casualty insurers and reinsurers adding information from geospatial imagery to their toolkits for underwriting, product development and claims handling isn't an entirely new idea. But it's one that is getting a lot more attention in 2021. Industry giants including AXA XL and Swiss Re have been using geospatial information systems (GIS) for... read more | | |
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Emerging trends in personal auto and homeowners insurance have industry leaders pursuing agile, efficient growth strategies and a great customer experience (CX) powered by digital quoting. Transforming quoting calls for gathering reliable information from trustworthy data sources that help maintain application integrity. It can also ... read more | | |
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The two possessions that most concern insurers — homes and motor vehicles — happen to be the largest contributors to the historic 7.5 percent inflation rate announced last week. Perhaps that should be no surprise. "It's the things that we all spend the most money on," said CCC Intelligent Solutions analyst Susanna Gotsch during an... read more | | |
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There were 418 completed mergers and acquisitions (M&A) worldwide in the insurance sector in 2021, up from 407 the previous year, according to a report published by law firm Clyde & Co. Activity was driven by a particularly strong second half of the year, which saw 221 deals, up from 197 in the first six... read more | | |
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SPONSORED BY: CoreLogic Over the past year, online client demand has maintained a steep upward climb. To meet these new customer expectations, carriers must focus on three main areas of change: online consumer engagement, technology capability, and operational alignment.... read more | 
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Lloyd's insurer Beazley is partnering with InsurTech Gaia to offer a new solution for individuals undertaking in vitro fertilization (IVF) treatment. The health-focused InsurTech has been working with Beazley and Chaucer to design a new underwriting approach and has been appointed as a Lloyd's coverholder. The product will be led by Beazley with further support... read more | | |
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Remington Arms will pay $73 million to the families of five adults and four children killed in the Sandy Hook Elementary School massacre, the families said on Tuesday, marking the first time a gunmaker has agreed to a major settlement over a mass shooting in the United States. Twenty students and six adults were killed... read more | | |
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An increase in capital gains on investments is largely credited with lifting the after-tax net income of private U.S. property/casualty insurers to $42.1 billion over nine months in 2021 compared to $35.2 billion during the same period the prior year, according to a report from Verisk and the American Property Casualty Insurance Association (APCIA). Net... read more | | |
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Zendrive, a data and analytics company focused on improving road safety, announced a new partnership with AXA XL, a provider of global commercial insurance and reinsurance to enterprises. Zendrive will join the AXA XL Construction Ecosystem aimed at redefining the future of construction risk management. To create this ecosystem of 42 technology services, AXA XL... read more | | |
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| | Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ... 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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