Underwriting
What Data Carriers Should Collect from Agents and Why
When it comes to sales and marketing, carriers that distribute through independent agencies are not in control. Many carriers have put significant focus on data and analytics within their own ...
Cyber Insurance Startup At-Bay Pulls in a $6 Million Seed Round
At-Bay, a new insurance company startup focused on cyber insurance and related risk management, came out of stealth mode on Nov. 17 with news of $6 million in seed venture funding. LightSpeed Venture ...
A Move Toward Fewer and Much Larger Insurance M&A Deals: Willis Towers Watson
Fewer insurance mergers and acquisitions (M&As) are being completed these days, but those that are completed are of a higher value, according to a survey by global broker Willis Towers Watson in ...
Hedge Funds Are Betting on a Reinsurance Recovery
Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. Hurricanes in the United ...
Telematics-Driven Auto Insurance Still Has Untapped Audience: Survey
Behavior-based auto insurance—where carriers rely on telematics to gather driving data that shapes a customer's rates—appears to have a largely untapped audience. A new driver survey sponsored by ...
House Passes Package of Flood Insurance Bills, Reforms Included
The House of Representatives on Tuesday voted 237-189 to pass the 21st Century Flood Reform Act (H.R. 2874), a package of seven bills that reauthorizes the National Flood Insurance Program (NFIP) ...
Crop Insurance Market Consolidation Shows No Sign of Stopping: Conning
Crop insurance was once a sector full of smaller players, but an M&A-driven push for efficiency and scale has left it dominated by fewer and larger carriers, and Conning predicts a continuation ...
The Latest Launches From Chubb, BHSI, Allstate and Beazley
Berkshire Hathaway Specialty Insurance launched a new policy in Canada that combines cyber liability and breach response coverage, along with risk management resources. Allstate's Business Insurance ...