Data & Research
Carriers Over-Reliant on Federal Reinsurance Program Risk Ratings Downgrades: A.M. Best
A.M. Best warns that property/casualty insurers face the risk of rating downgrades if the U.S.-based federal terrorism reinsurance program isn't renewed by the end of 2020, and carriers are found to ...
InsurTech Investments Break Further Records in Q1
InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during ...
Carriers, Agents Gain Plenty by Keeping Small Biz Customers Happy With Claims Processing
If carriers and agents can handle their small business clients' claims well, they could be better positioned to keep their customers happy. Approximately 94 percent of small business owners who said ...
Financial Institutions Spend Plenty on Cybersecurity, but Money Isn’t Everything
Cybersecurity is becoming a costly endeavor for insurers and other financial institutions, but plan design and implementation can matter even more, according to a report released recently by Deloitte ...
Organizations Cite Economic Slowdown, Reputational Damage as Top Risks: Aon
Economic and global trade concerns are challenging organizations' ability to invest adequately in preparing for and protecting the continuity of their operations, according to findings from Aon's ...
New York Reigns as InsurTech Capital of the World—for Now
A new analysis puts New York City at the center of the InsurTech universe, leading other cities around the globe on one measure of supremacy and gaining ground on another. The analysis provided ...
Alternative Capital Grew Again in 2018 Even as Total Reinsurance Capital Dropped: Willis Re
While total dedicated reinsurance capital dropped in 2018, alternative capital continued its steady rise, according to a report published by Willis Re. Total dedicated reinsurance capital – which ...
Direct-to-Consumer Auto Insurance Keeps Gaining Traction: J.D. Power
Direct-to-consumer auto insurers appear to be gaining serious market traction, according to a new report from J.D. Power. The firm reports that auto insurance revenue hit $245 billion in 2018, ...