Underwriting
Write Here, Right Now: How AI Can Amplify Your Business Results
Here's something we typically hear from frustrated underwriting managers: • "We bind around 12 percent of our submissions, but our underwriters review 100 percent of submissions." • "A 1-2 ...
Root Insurance Raises $100M; Money Will Propel Continued Hiring Push, National Expansion
Root Insurance raised a $100 million financing round in a bid to fuel market expansion and hiring as the auto insurance startup with its telematics-based platform goes national. Tiger Global ...
Effective compliance management in insurance relies on well-organized information and digital processes that accurately reflect producer relationships across multiple interconnected...
Hawaii Still Vulnerable to a Weakened Hurricane Lane
Hurricane Lane has lost some of its punch as it prepares to brush past Hawaii but still threatens to inflict "tens of millions of dollars" in damages on the islands. The storm weakened to Category 4 ...
For QBE, a Focus on Profitable Underwriting Begins to Pay Off
QBE's restructuring over the last year has focused on exiting loss-making businesses and portfolios, while rigorously emphasizing profitable underwriting across the group. Good progress has been made ...
The Hartford, Eyeing Specialty Markets, Will Grab Navigators in $2.1B Cash Deal
The Hartford plans to snatch up The Navigators Group in a $2.1 billion cash deal that will boost its specialty insurance and reinsurance offerings while giving it a larger global reach. Plans call ...
Argo Group’s Tech Investments Earn Kudos, Outlook Upgrade From S&P
Argo Group's investment in a digital infrastructure and new growth earned a vote of confidence from Standard & Poor's, which raised its outlook for the specialty insurer and reinsurer to positive ...
Insurers’ H1 Featured Spike in Downgrades, But Upgrades Still Came Out on Top: A.M. Best
Catastrophic weather events in 2017 helped spur an increase in rating downgrades for the U.S. property/casualty industry during the first half of 2018, according to an A.M. Best report. But the ...
Teen Reportedly Hacks Apple Mainframe; Company Reassures Customers
Apple Inc said on Friday no customer data was compromised after Australian media reported a teenager had pleaded guilty to hacking into its main computer network, downloading internal files and ...