Risk
Universal Fire & Casualty Starts Accepting Cryptocurrency for Premium Payments
Universal Fire & Casualty Insurance Company has started accepting cryptocurrency for premium payments. The reason why: to increase its competitive market position as part of a broader innovation ...
Europe’s Insurers Emerge From Pandemic With Strong M&A Appetite: Moody’s
Europe's insurance industry is emerging from the coronavirus crisis with a stronger appetite for mergers and acquisitions, along with expectations for strong earnings growth in 2021, according to ...
MGA Honeycomb Launches With Bet on Multi-Family Property Insurance
An InsurTech MGA with a focus on multi-family property insurance has raised $3.3 million in initial venture capital insurance and formerly launched in North America. Honeycomb, formerly Agilius, drew ...
Hello Future. How Carriers and Reinsurers Are Facing Tomorrow
Welcome to Carrier Management's 2021 Midyear Update—What's Next? The young woman on the cover of Carrier Management's summer digital magazine edition looks relaxed and eager to embrace the future. ...
Cyber Underwriting Changes: Is It Too Little, Too Late?
With primary rate changes approaching 50 percent and underwriting questions about network controls becoming more and more detailed, cyber insurers and reinsurers are reacting to an onslaught of ...
IoT Players ‘Greasing the Skids’ to Boost Growth of Sensor Tech
Sensor technology is no longer an emerging technology in commercial property/casualty insurance. It has emerged—and is rapidly growing, according to executives who bring the Internet of Things ...
The Ransomware Epidemic by the Numbers
During a session of the Casualty Actuarial Society Seminar on Reinsurance in June, Alexander Podmore, AVP and cyber underwriter for Swiss Re, defined a growing problem for cyber ...
7 Major Cyber Insurers Join in Cyber Analysis, Mitigation Effort
With cyber attacks and insurance claims on the rise, leading cyber insurers AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers have formed a company to pool their data ...