Underwriting
Lemonade’s New $300M Financing Will Propel Expanded Insurance Offerings, European Push
Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan's SoftBank Group Corp, the company said on Thursday. Other investors included insurer Allianz SE, ...
Improve Retention and Increase Conversion by Getting the Most Out of Credit Data
In an era when insurers are increasingly reliant on data to automate underwriting and segment risk, lower new business application conversion has put pressure on company expense ratios. This is due ...
Embroker Eyes Expansion in Multiple Ways After Securing $28M Series B Round
Embroker has raised $28 million in new venture financing designed to help the digital insurance company and brokerage startup expand. Plans call for using the Series B funding round, in part, to ...
British PM May Wins Oct. 31 Brexit Extension
European Union leaders gave Theresa May a new Brexit deadline of Oct. 31, four months longer than the prime minister asked for, in a move the EU summit chair said would let Britain resolve its ...
U.S. Led the Catastrophe Pack With Major Flood Damage in March
Damage from flooding in March 2019 reached $8 billion from events across the globe, with much of the damage happening in the U.S., according to Aon's "Global Catastrophe Recap – March 2019." "The ...
Populist Politics,Terrorism Are Adding New Risks for European Businesses: Aon
Europe faces an increasingly complex security environment, as Islamist and far-right terrorism creates new vulnerabilities for businesses and communities, according to new research from the broker ...
Shareholder Suit Accuses Boeing of Concealing Safety Shortfalls in 737 MAX Planes
Boeing Co's legal troubles grew on Tuesday as a new lawsuit accused the company of defrauding shareholders by concealing safety deficiencies in its 737 MAX planes before two fatal crashes led to ...
QBE North America Adds AI Virtual Assistant to Claims Reporting Process
Some QBE North America customers will now interact with an artificial intelligence virtual assistant while reporting claims. The specialist insurer said its TextQBE services will improve and enhance ...