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Today's Headlines June 24, 2022

Nationwide P/C's Prez Talks About Inflation and Telematics

Much of a recent interview that Carrier Management had with Mark Berven, the president and chief operating officer of Nationwide Property/Casualty, focused on the carrier's commercial lines transformation effort and was published in the second-quarter edition of Carrier Management magazine. Here, we offer CM subscribers the rest of the interview, featuring Berven's thoughts on the... read more
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Argo Group Appoints Bradley as CEO as Rehnberg Departs

Bermuda-based specialty insurer Argo Group International Holdings has named Thomas A. Bradley as chief executive officer, effective immediately. Bradley has served as Argo's chairman since 2020 and as interim CEO since March 2022, when Kevin J. Rehnberg had to take leave for health reasons. Rehnberg will not be returning to the role and will resign... read more
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 Brand Spotlight 
Four advantages AI brings to small commercial underwriting

Artificial intelligence (AI) and machine learning (ML) are much in the news these days. But to paraphrase the late computer scientist Edsger Dijkstra, saying a machine is "intelligent" or "learning," is a bit like saying a submarine knows how to swim. What really matters is ...read more
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Digital Insurer Startup Wefox Seeks Funding at Over $5 Billion Value

Wefox, the German digital insurer, is in advanced discussions to raise fresh funding at a valuation of $5 billion to $6 billion, people with knowledge of the matter said. The Berlin-based InsurTech startup is aiming to raise several hundred million dollars, the people said, asking not to be identified because the information is private. Wefox... read more
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What Factors Could Drive Northern Hemisphere Tropical Cyclone Risk This Season?

With June 1 heralding the official start of the 2022 North Atlantic hurricane season, Tropical Storm Alex already on the scoreboard and eight hurricane landfalls in the last two seasons, the question on everyone's mind is: Will the 2022 North Atlantic hurricane season be as impactful and costly as both 2020 and 2021? And for... read more
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Supreme Court Voids New York Gun Permit Law, Establishes Right to Carry Outside Home

The U.S. Supreme Court struck down a New York law that required people to show a special need to carry a handgun in public, ruling for the first time that the Second Amendment protects gun rights outside the home. The 6-3 ruling could mean more guns in public places in some of the most populous... read more
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A Fintech Founder's Backstory: Who Is Demetrius Gray?

During a 45-minute interview, the founder and CEO of a fintech company known as Captain told Carrier Management a little bit about his career path to his current leadership role. Along the way, Demetrius Gray also spoke briefly about his recent experience of learning to ski. "Why are you such a good skier for your... read more
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Research and Webinars

Five Key Steps to a Successful Digital Transformation

Based upon Utica First's own implementation experience, VP of Operations, ...
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Meeting the Digital Needs of Your Distribution Network

Utica First Insurance transformed agency engagement with innovative ...
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Evolving Types of Insurance Fraud Schemes

According to the FBI, the insurance industry loses $40 billion per year to ...
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A Robot for Every Person

As the world has turned digital, technological business solutions continue ...
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4 Tips to Create a Seamless Claims Experiences for Customers

A clunky and inefficient claims process leads to unhappy customers. Is it your ...
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Media

EP. 39: Crypto Renaissance? Experts Say Renewed Interest in Digital Tokens is Sparking Insurance Conversations

InsurTech Newsletter


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