Underwriting
Government Can and Should Help Reduce Cybersecurity Risks: ITC 2021 Highlights
It's no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions to help reduce risk and stabilize the market, a former federal official ...
Germany’s Getsafe Raises Another $63M Toward Bid to Become Full-Stack Carrier in Europe
Getsafe, a digital MGA based in Germany, raised another $63 million in funds, with plans to use the added cash to fund its own insurance license by the end of 2021 and accelerate its European ...
Nobel Laureate Argues Central Banks Lack Tools to Fight Climate Change
Central banks are at risk of over-promising on how they can respond to the challenges posed by climate change, a Nobel economics laureate whose work questions how well economic models cope with ...
Report Shows Wyoming, Idaho Have ‘Disproportionate Risk’ from Wildfire
Lately, when people say "wildfire," California is probably the first state that comes to mind. But a new report should concern people living in a few other Western states that aren't often mentioned ...
Who Will Be Sued? Praedicat Scores Ease Underwriting for Emerging Risks
Last week, Praedicat, a liability risk analytics company, announced that it launched a new Company Risk Score designed to simplify the underwriting of complex emerging risks for liability insurance. ...
Coalition Acquires Attune, an MGA/Broker Platform Founded by AIG, Two Sigma
Coalition, a San Francisco-based cyber insurer and security company, has snatched up Attune, a carrier-founded managing general agent with a broker platform focused on commercial insurance. With the ...
Neptune Flood Acquires Parametric Quake Insurance Broker Jumpstart
Digital flood insurance provider Neptune Flood has acquired Jumpstart Insurance Solutions, a parametric InsurTech broker that offers parametric earthquake policies. Terms were not disclosed. ...
Digital MGA Roamly Will Start Selling Its Own RV Rental Policies Through Spinnaker Insurance
Digital MGA Roamly will link with Hippo-owned carrier Spinnaker Insurance Company to sell its own insurance for recreational vehicle rentals. Roamly is owned by Outdoorsy, a global online RV rental ...