Innovation
PURE Starts Offering Workers Comp in Florida For Members’ Domestic Employees
Privilege Underwriters Reciprocal Exchange (PURE) is introducing workers compensation insurance for domestic employees of its members who live in Florida. Eligible employees include those who care ...
Data-for-Doughnuts Vision Inspires Auto Insurers to Chase Google
The restaurants and doughnut shops you pass on your commute would love to predict when you'll be driving by. Your auto insurer may already know—and could be looking for a way to profit from that ...
Meeting the Challenges of Self-Service Insurance
As the global economy evolves and changes, insurers must also evolve to provide information and access to their clients across a wide range of channels if they are to avoid being left behind. ...
Verisk Insurance Solutions Launches Device Reputation Service
Verisk Insurance Solutions, a source of information about property/casualty insurance risk, and Portland, Ore.-based iovation announced the launch of the Verisk Device Reputation Service, a tool to ...
The Top P/C M&A Deals in 2015 (So Far)
ACE Ltd. shocked the industry with news earlier in July that it would pay $28 billion in cash and stock for Chubb Corp., an industry rival. But it's only the latest in a series of M&A moves in ...
Allianz Exec Views Hedge Funds as Insurance Industry Asset
Chris Fischer Hirs, the head of Allianz SE's specialty insurance business, said he welcomes the growing participation of Wall Street in the insurance industry as an opportunity, not a threat. "Hedge ...
Munich Re America Teaming Up With Robotics Firm on Autonomous Vehicle Feasibility Study
Munich Reinsurance America announced Wednesday that it is teaming up with Comet, a developer of ground mobile robotics pilot projects, to conduct a feasibility study focused on autonomous vehicle ...
The Uberization of Insurance and Pac-Man
Much has been written about innovation in the insurance industry as well as Google's Compare, USAA's recent participation in Compare, Liberty Mutual's venture with Nest, big data, etc. What is really ...