Underwriting
XL Catlin Expands New P&B Aviation Insurance Platform With Added Features
XL Catlin has added enhancements to its new P&B aviation insurance platform in a push to give brokers more options. The carrier's VP Bind Speed platform was designed to boost its underwriting ...
UK Exports of Finance, Insurance Services Reach Record in 2016
U.K. exports of financial and related professional services grew to a record in 2016 as all regions surged. Exports rose 15.8 percent to 95.7 billion pounds ($136 billion), according new data ...
Early AI initiatives in personal auto have largely focused on improving efficiency within individual functions, from claims and customer service...
Report: CFPB Pulls Back on Equifax Data Breach Probe
Mick Mulvaney, head of the Consumer Financial Protection Bureau, has pulled back from a full-scale probe of how Equifax Inc failed to protect the personal data of millions of consumers, according to ...
Apple, Cisco, Team With Allianz, Aon to Offer Cyber Policy Discounts
Apple Inc and Cisco Systems Inc have teamed up with insurer Allianz SE to offer discounts on cyber insurance to businesses that primarily use equipment from both technology companies, they said on ...
A New Hacking Threat Worsens: Fraudulent Instruction
A form of hacking is on the rise that insurers and their clients should be aware of: fraudulent instruction. The latest Beazley Breach Insights report outlines the escalating threat, where a hacker ...
Israeli Venture Capitalist Calls for Middle East Cyber Defense Alliance
Middle Eastern countries facing potential cyber attacks from Iran should form a Euro-Med alliance to protect their assets and people, said Erel Margalit, venture capitalist and former member of the ...
California Wildfire Insurance Claims Hit $12B Mark, a Record
Insurance claims from last year's deadly California wildfires have reached $11.8 billion, making it the most expensive series of wildfires in state history, an official said Wednesday. The staggering ...
Morgan Stanley Struck With New Lawsuit Alleging Persistent Racial Bias
Morgan Stanley has reneged on promises to stop discriminating against black employees, according to a lawsuit by a former broker who said he was fired after complaining about racial bias, including ...