Critical Information for P/C Carrier Executives
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| | | | | | | Innovation-Driven Growth in Auto | | | | Auto insurers are adapting to fast-evolving trends across commercial and personal lines. Transform digitally to meet the needs of the modern insurance buyer. | | | | | | | | Verisk | | |
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| Today's Headlines | July 14, 2021 |
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| Global insurance company AXA announced in May that it will stop writing cyber insurance coverage in France that reimburses customers for making payments to ransomware criminals. Cyber insurance policies have long covered these ransom costs, and it is widely anticipated that other insurance companies will follow suit. While this news is important to companies as... read more |
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| | | Advertisement | | | | | | | | 2021 Future of Claims Study | | | | For carriers seeking to lead by 2025, your roadmap should focus on charting progress in six key areas to maximize your claims automation. Use these critical survey results to guide your strategy. | | | | | | | | LexisNexis Risk Solutions |
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| Phil Edmundson, the Corvus founder and CEO, explains why ransomware is becoming increasingly common, and how the industry can and should respond. read more |
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| Tunnels, once the greatest innovation in transportation, are poised to be the greatest once again through innovation and rethinking of transportation. While Elon Musk has been looking to the sky with SpaceX, he’s also been going underground with the Boring Company, creating test tunnels in ...read more |
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| API InsurTech startup Lula plans to aggressively hire and expand its product capacity now that it has raised $18 million in new venture capital. The company started out as a car sharing app for college students, Now, Lula is an API (application programming interface) outfit that provides companies of all sizes with their insurance infrastructure. read more |
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| Policygenius Inc., an online insurance marketplace, is in talks to go public through a merger with the blank-check company PWP Forward Acquisition Corp. I, according to people with knowledge of the matter. read more |
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| Switzerland's markets watchdog FINMA on Tuesday named Zurich Insurance chief investment officer Urban Angehrn as its new boss, tapping an insurance industry veteran to lead the financial supervisor. read more |
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| Applied Underwriters has acquired the U.S. Specialty Lines division of Generali Group including Generali Warranty Services, which offers extended warranty programs and contractual liability insurance services. read more |
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| Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for residents. read more |
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| An AXA XL veteran is joining The Hartford as Chief Underwriting Officer within its Global Specialty business unit. Beazley hired a new Chief Operating Officer. A veteran Chubb executive signed on with Berkshire Hathaway Specialty Insurance to lead its recent property insurance underwriting expansion in Germany. read more |
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| 60% of CIOs say their organization's technical debt has risen over the past ...
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| Managing agent and agency onboarding is a business critical function for ...
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| The insurance industry faces significant disruption from multiple fronts, ...
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| 83% of insurance CEOs say they are "concerned" about the speed of technological ...
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| Against the backdrop of digital transformation and the pandemic, insurers can ...
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