Underwriting
More Awareness About Business Interruption Risks Driving Cyber Cover Increases: Zurich Insurance
Businesses are increasingly aware of cyber-related business interruption risks and stepping up to increase their coverage to more adequate levels as a result, according to a new Zurich Insurance ...
Tesla’s Summon-Your-Car Feature Draws Attention of U.S. Safety Regulator
The top U.S. road-safety regulator is gathering information about a Tesla Inc. feature that allows customers to remotely call for their car to pick them up. The National Highway Traffic Safety ...
Markel Sells Brazilian Insurance Operations to Division’s Executive Team
Markel International, the London-based specialist insurer and subsidiary of Markel Corp., announced that it has sold its insurance operations in Brazil to its existing executive team. Markel ...
Ireland Predicts No-Deal Brexit if UK Proposals Are Final
If Britain's latest proposals for an agreement on leaving the European Union are its final offer, then a no-deal Brexit lies ahead, Irish Foreign Minister Simon Coveney said on Thursday. British ...
Tokio Marine to Grab PURE Group in $3.1B Deal
Tokio Marine Holdings Inc will buy insurer PURE Group for about $3.1 billion, it said on Thursday, marking its fourth sizable acquisition in the United States in a little over a decade. Japanese ...
Practical Ways to Make InsurTech Work: ITC Panel
InsurTech is grabbing the attention of carriers and agencies alike, but the level of change it promises also causes anxiety. At the 2019 InsureTech Connect Conference in Las Vegas on Sept. 25, ...
Global Insurance Accelerator Boosts Seed Funding for Participating InsurTechs
The Global Insurance Accelerator said it is nearly doubling its seed funding for participating InsurTechs, starting with companies accepted into the program in 2020. A desire to stay competitive is ...
Cyber Risks Reign Supreme Among Businesses of All Sizes
Cyber risks are the top concern among businesses of all sizes. Of the 1,200 business leaders who participated in an insurer-sponsored survey, 55 percent said they worry some or a great deal about ...