Critical Information for P/C Carrier Executives
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| | | | | | | Barry & Mike Started Automating... | | | Protective Insurance had a vision for greater efficiency
in its submission and underwriting processes. Less
than 12 months later, they're achieving their goals. | | | | | | | | Protective Insurance & Two Sigma IQ | | |
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| Today's Headlines | January 28, 2021 |
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| USAA will start writing its own small business insurance policies for the first time. read more |
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| | | Advertisement | | | | | | | | We Beat All Competitor Rates! | | | | Add our Digital Payments Platform to your strategy and discover the industry's lowest payment processing rates and most powerful functionality. | | | | |
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| How do property/casualty insurers and brokers stack up against other industries in terms of innovation? In short, they aren't sprinting anywhere as fast as "innovation natives" in the high-tech and pharma universes, according to Asha Vellaikal, a career technologist and innovation executive who has been managing director and global head of Digital Labs for Marsh... read more |
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| Before wading into the business of insuring flood, it's imperative property insurers have a solid understanding of federal flood legislation and coverage limits surrounding the National Flood Insurance Program. The National Flood Insurance Program (NFIP) is a program established by the U.S. Congress in...read more |
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| Over 25 years leading RMS, and now even more so with my new colleagues at Archipelago, I've developed an affinity for the built environment: the hazards and risks of these assets, the imperatives for resiliency, the value of insurance when it's efficient, and the pain that occurs when it's not. Large owners of real assets,... read more |
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| During an upbeat earnings call focused on how RenaissanceRe is using $1 billion of capital it raised last year in 2021, the CEO highlighted one negative development for the industry overall—inadequate estimates of COVID-19 losses. "Even as COVID 19 continues to spread, there has been some speculation that it will not prove as impactful for... read more |
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| American Financial Group announced that it is selling its annuity business to Massachusetts Mutual Life Insurance Company in a $3.5 billion cash deal that primes the seller for growth in its specialty property/casualty businesses. Craig Lindner, AFG's co-chief executive officer, gave rationale for the deal in media statement on Wednesday, noting that he and co-CEO... read more |
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| W.R. Berkley Corp. generate record net income in its 2020 fourth quarter and a healthy combined ratio, results that company attributed to rate hikes, bigger investment returns and ongoing underwriting discipline. read more |
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| Insurers are facing a $2-3 billion loss if the Tokyo Olympics are canceled this year, amounting to the largest ever claim in the global event cancellation market, brokers say. read more |
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| Chubb is marketing a new product designed to streamline absence management and workplace benefits for mid-size to large employers. Branch Insurance will link with ADT to offer ADT home security customers discounts on their home and car insurance. read more |
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| Carrier Management published its first magazine of 2021 last Friday, "Between The Quarters: What To Focus On in 2021," in digital format. If you didn't receive a copy in your email inbox, all the articles are now available to view on the magazine page of our website. Already popular highlights of the edition include articles... read more |
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| For the Insurance industry, digital transformation has shifted from the 3 - 5 ...
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| Now On Demand: Carriers, do you wish you could read your agents' minds? This ...
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| "Managing agent licensing is a business-critical function for insurers and ...
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| Progressive, Esurance and Lemonade have successfully adopted data-centric ...
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| It has never been more evident that traditional paradigms no longer serve the ...
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