Content from L.S. Howard
Here’s How Aon’s New Reinsurance Auction Works
The broker Aon plc has launched an auction capability for the Jan. 1, 2020 reinsurance renewals. The auction is designed to provide additional options for insurer clients by reducing the time frame ...
Innovating at the Edges of Society and the Economy
Emerging risks with little or no claims history can be notoriously difficult to underwrite—but many specialty lines companies are finding ways to put their toes in the water to insure these new ...
New Broker McGill & Partners Forms U.S. Subsidiary
The new London-based insurance broker, McGill & Partners, is forming a Delaware-based subsidiary and is obtaining U.S. licenses to operate, the company's founder Steve McGill has confirmed. When ...
Industry Veterans Relish Fresh Start for Their Latest Legacy-Free Ventures
Although the insurance market is awash with capacity and competition, two new specialty companies—a re/insurer and a broker—formed earlier this year, aiming to create something new and different ...
Markel Puts CATCo into Run-Off, Launches New Retrocessional ILS Platform
Markel Corp. announced it is putting its Bermuda insurance linked securities unit Markel CATCo into run-off and also launching a new retrocessional ILS fund platform that will be ready to write ...InsurTech Enables Insurers to Become Tech Companies
Cytora had its genesis as an InsurTech startup at Cambridge University's technology incubator. In fact, Richard Hartley, CEO and co-founder, said it was the first company to be funded by the ...
By Taming Big Data With AI, Cytora Aims to Transform Commercial Underwriting
It is an InsurTech startup operating an artificial intelligence-powered platform that aims to transform commercial insurance underwriting. While the goal may seem ambitious, Cytora is making ...About APIs
An API, or application programming interface, provides an interface between two systems that specifies how software components should interact. Cytora's API platform for underwriting provides access ...