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Today's Headlines November 12, 2021

The Value of a Handwritten Note

Do you remember the last handwritten note you received? Even more, do you remember the last handwritten note you sent? With our technologically enhanced communications, it is just so convenient to email people or to leave one-way voice messages for them, isn't it? After all, sending a handwritten note is so difficult: It takes a... read more
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AIG CEO Zaffino Urges Insurers to Plan for More Climate Change-Related Catastrophe Losses

AIG President and CEO Peter Zaffino urged the insurance industry to acknowledge that more frequent and severe catastrophe losses are likely here to stay, and plan accordingly. read more
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 Brand Spotlight 
The End of the Modern Legacy Insurance Platform

The big news in consumer tech is that Apple is moving away from Intel chips in 2021. The more interesting debate, though, is among the cognoscenti over whether people should buy this last generation of Macs. The tech writers all are running through a series ...read more
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InsurTechs Attract a Stunning $5.3B in Funding During Q3: Forrester

InsurTech continue to attract significant investor cash, pulling in a near-record $5.3 billion for the 2021 third quarter, representing a total of 472 deals. Interestingly, U.S. companies nailed down most of the cash, according to a new Forrester report. read more
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Investor Ire Over Lemonade's Metromile Deal Overshadowed Generally Encouraging Q3 Results

Lemonade's decision to acquire struggling pay-per-mile auto insurer Metromile, along with a loss ratio that spiked higher, initially drowned out news of otherwise encouraging results from the company's 2021 third quarter. read more
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Lemonade's Metromile M&A Deal Could Presage More InsurTech Acquisitions to Come: S&P

Lemonade's plan to snatch up Metromile isn't necessarily a one-off InsurTech M&A deal. Many more in the sector are likely in the future, particularly with newly-public startups burdened by anemic stock prices, according to a new S&P report. read more
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Alianz Predicts Record Profit for 2021, Will Set Aside Money for U.S. Fund Investigation

Allianz nudged its forecast for record profit in 2021 even higher on Wednesday after a bumper third quarter while it tries to work out how much money it may need to set aside for a U.S. investigation into its fund management division. read more
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J&J Victory: $465M Opioid Judgement Overturned in Oklahoma Court

The Oklahoma Supreme Court on Tuesday overturned a $465 million judgment against Johnson & Johnson in a lawsuit by the state alleging the drugmaker fueled the opioid epidemic through the deceptive marketing of painkillers. read more
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Research and Webinars

3 Steps to Less Data Noise for Small Commercial Insurers

Data should point the way, not get in the way. Making the most of abundant ...
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Reducing Cyber Insurance Claim Expenses

This paper will review the current model of incident response for ransomware ...
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How Carriers are Managing Licensing & Compliance: New Models for New Times

"Managing agent licensing is a business-critical function for insurers and ...
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Four Steps Hackers Use to Compromise Your Email

Business email compromise, or BEC – defined as a fraud tactic using email to ...
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Insurance in the Age of Instinct

Insurers are facing a moment of truth. How they respond today will lay the ...
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