Carrier Management Critical Information for P/C Carrier Executives
 
 
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Looking Beyond the ESG Label
 
Despite tremendous current growth, ESG labeled bonds could play a less prominent role in sustainable investment strategies in the future.
 
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Today's Headlines April 21, 2022

Travelers CEO Schnitzer: Loss Costs 'Challenging as Ever to Predict'

In the words of its CEO, there's a "fair amount to pay attention to" from the first-quarter earnings call of Travelers, as the P/C insurer grew net written premiums 11 percent to a record $8.4 billion. "Geopolitical risk is at a decade high as war wages in Eastern Europe, tensions rise elsewhere and the world... read more
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InsurTech Funding Levels Come Crashing Down in Q1: CB Insights

Funding for the InsurTech sector plummeted 58 percent in the first quarter of 2022 compared to fourth-quarter 2021, according to data released by CB Insights Tuesday. The total funding amount of $2.2 billion across 143 deals compares to $5.3 billion across the same number of deals for fourth-quarter 2021. Compared to InsurTech funding for the... read more
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 Brand Spotlight 
Carrier and Agency Duties Under the DOL Fiduciary Rule

The insurance industry thrives on rewarding top-selling agents, but the Department of Labor's (DOL's) fiduciary rule says traditional sales incentives tied to annuities present a compliance challenge for carriers and producers working with qualified retirement funds. With the DOL fiduciary rule reaching full implementation this ...read more
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Tokio Marine Launches $42M Corporate Venture Capital Arm to Support Early-Stage Startups

Tokio Marine Holdings Inc. has launched a Silicon Valley-headquartered corporate venture capital (CVC) fund. The company has committed $42 million to the initial fund with plans to deploy more capital into subsequent fund cycles. Tokio Marine Future Fund will focus on early-stage investments in seed-stage through Series A companies in a broad range of markets—including... read more
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'Zero-Day' Hacks Hit Record in 2021, Google Researchers Say

After a year dominated by high-profile ransomware attacks and supply chain compromises, researchers from Alphabet Inc.'s Google have identified another ignominious cyber milepost for 2021: a record number of "zero-day" exploits. A zero-day exploit is a previously unknown bug which leaves software vendors exactly zero days to secure it. That makes the technology in question... read more
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Labor Board Judge Rules Amazon Must Reinstate Fired Warehouse Worker

A judge has ruled Amazon must reinstate a former warehouse employee who was fired in the early days of the pandemic, saying the company "unlawfully" terminated the worker who led a protest calling for Amazon to do more to protect employees against COVID-19. The dispute involving Gerald Bryson, who worked at an Amazon warehouse in... read more
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Special Florida Insurance Session Welcomed, but Will It Come Soon Enough?

Florida's governor has yet to set a date for a special legislative session aimed at the property insurance crisis in the state, but some in the industry, while welcoming the gathering, said it may come too late for struggling insurers facing a June 1 reinsurance renewal deadline. "That's the question, even if they do something... read more
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Insurance Journal Announces New Online Charity Portal

Insurance Journal, Carrier Management's sister publication, has announced the launch of a new portal highlighting charitable stories in the insurance industry. What was once a single magazine issue dedicated to showcasing insurance industry generosity is now a regular destination on the highest trafficked insurance news site in the world. Ten percent of the proceeds of... read more
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Executives on the Move at RIMS, RMS, EIS, AmericanAg

RIMS announced that Gary LaBranche will take over as the society's new CEO on June 1 following the retirement of Mary Roth, who served for 37 years at RIMS. Since March 2017, LaBranche has served as president and CEO of Virginia-based NIRI: The Association for Investor Relations. NIRI's members represent 1,600 publicly-traded companies with a... read more
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Research and Webinars

Data-Driven Property Intel for Faster Customer Relief

Better serve policyholders across your insurance workflows with powerful ...
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Hit the Gas: How to Find High-Quality Data Providers to Accelerate Small Commercial Underwriting

According to Harvard Business Review, low-quality data costs U.S. businesses ...
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Strengthen Your Core: Discover How 5 Core Commercial Property Attributes Can Help Empower Data-Driven Underwriting

Evolve from "good enough" to actionable data to empower your underwriting. Stop ...
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Developing a Digital Payment Experience that Meets Customer Needs & Expectations

Recent studies indicate that consumers are willing to switch insurance ...
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4 Tips to Create a Seamless Claims Experiences for Customers

A clunky and inefficient claims process leads to unhappy customers. This guide ...
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Media

Casualty Market Nowhere Near Soft

InsurTech Newsletter


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