Innovation
RenRe Launching Casualty, Specialty Venture for ILS Investors
With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks. Launched with $475 ...
Why Carriers Aren’t Being Commoditized, but Value-ized
Big tech companies with relevant consumer data have been eyeing the insurance industry for the past few years and looking at how they can use their insights into customer behavior to reinvent the ...
Executive Viewpoint: In the Competition for Top Talent, Innovation Matters
In today's highly competitive job market, attracting the right talent is not just about money. It isn't necessarily about offering flextime or office perks, either. For most would-be employees, ...
Lloyd’s Lab Selects 11 InsurTechs to Test Decarbonization, Climate Change Solutions
The Lloyd's re/insurance marketplace announced the 11 InsurTech startups that will join the eighth cohort of the Lloyd's Lab in its 10-week program. Lloyd's Lab, the market's innovation accelerator, ...
Hannover Re Opens Access to InsurTech Innovation Platform, ‘hr | equarium’
Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance clients with InsurTech partners. The platform has been used on ...
How Insurance CIOs Can Orchestrate Business-Wide Transformation
The pandemic has been a wake-up call for insurers. In an industry that has traditionally lagged in digital deployments, the savviest players are reassessing their own infrastructures to reevaluate if ...
Tesla, Other Car Makers Have Edge Over Incumbent Insurers: Moody’s
Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody's Investors Services said in a report ...
Small Businesses and Cyber Attacks: It’s Not a Matter of If, But When
According to the 2021 Data Breach Investigations Report from Verizon, 61 percent of all small and medium-sized businesses (SMBs) have reported at least one cyber attack during the previous year. ...