Underwriting
Despite a Smaller Premium Base, WC Profitability Still Beats Other P/C Lines
Workers compensation may have a smaller premium base, but it remains highly profitable compared to other policy lines, AM Best concludes in a new report. The line produced more than $44.3 billion in ...
Pandemic Pressure: Clients Want Insurance Agents to Find New Ways to Protect Assets
Insurance agents are facing increased pressure from their clients to find new and broader ways to protect their assets through the ongoing pandemic, a Nationwide survey concludes. Clients want agents ...
WC InsurTech Omaha National Group Raises $45M; Business Model Transition Underway
The InsurTech Omaha National Group, a provider of workers compensation insurance and payroll services, is transitioning to being a direct insurance writer in the space. A new $45 million venture cash ...
Climate Change Returns as a Top Insurance Industry Concern
Climate change has returned to the top of the list of insurers' biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global ...
Buckle Secures $60M Financing to Scale Gig Economy Digital Platform
Buckle Corp. has nailed down $60 million in new venture capital financing, money that will help scale its full-stack insurance-as-a-service platform for the gig economy. "This new raise helps ...
Chubb’s Blink Digital Platform Partners With USAA, Its First Incumbent Carrier
Blink by Chubb, Chubb's new digital platform launched earlier this year, is partnering with its first incumbent insurance carrier. The arrangement allows USAA Insurance Agency to offer a Chubb-backed ...
United Nations Development Arm Starts Disaster Insurance Program
The United Nations Development Programme has launched an initiative to help governments and the private sector in developing countries provide insurance for crises such as pandemics and natural ...
Corvus Hires AIG, InsurTech Vet Tadikonda as Its First President
A veteran AIG executive and entrepreneur is joining Corvus Insurance as its first president. Madhu Tadikonda has more than a decade of insurance and InsurTech industry experience, noted Corvus, an ...