Underwriting
Dairy Consolidations Drive Merger in U.S. Midwest Broker Biz
Two traditional U.S. Midwest brokerages serving the dairy market are combining their businesses as the industry consolidates. Chicago-based Rice Dairy LLC and Commodity Risk Management Group of ...
MS Amlin Exits 9 Core Markets, Refocuses on 3
MS Amlin said it will be exiting nine non-core markets that no longer fit into its long-term strategy. Instead, the London-based insurer and reinsurer and MS&AD subsidiary will pursue a new ...
Carriers, Tech Firms Struggle to Keep Up With Cyber Risks: ITC Panel
Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when they happen. How can this be? The unique makeup of cyber risks is one of ...
Cape Analytics Rolls Out Geospatial Portfolio Monitoring Products
Cape Analytics is launching what it bills as the insurance industry's first geospatial portfolio monitoring products. They're intended to work together. Change Detection is designed to alert carriers ...
Lloyd’s of London Releases Blueprint to Create Super-Advanced Marketplace
Lloyd's of London has unveiled a blueprint for action to facilitate its Future at Lloyd's project, which aims to "build the most advanced insurance marketplace in the world." This first blueprint, ...
Nationwide Eyes Q4 Rollout for Spire, a Digital Auto Insurance Platform
Nationwide is striking hard against digital insurer upstart competitors with the debut of Spire, a digital auto insurance platform with an eye on millennial customers. Spire rolls out in the 2019 ...
Rethinking the Limits of Parametric Insurance
It's time to rethink the limits of parametric insurance. The concept behind parametric insurance is not new. Insurance payouts automatically triggered by an event exceeding an index level have ...
Executives On The Move at AmTrust and BHSI
AmTrust Financial Service's E&S unit launched its new excess casualty underwriting division and has hired a former Everest Reinsurance Division to lead it. An ex-RSA executive will lead Bershire ...