Innovation
Customer, Expert Partnerships Advancing AIG Safety Agenda: Hancock
While the world is far safer these days—in part thanks to property/casualty insurers—carriers can continue the trend by creatively collaborating with clients and outside experts, American ...
Large Underwriters Not Yet Drawn to Google’s Auto Insurance Distribution Plan: Nomura
Google plans to tackle auto insurance distribution in the U.S. are making waves, but they haven't yet attracted interest from large underwriters, Nomura noted in a new industry report. "GEICO, ...
XL Group: Teaching Spanish to Construction Site Managers Reduces Risk
After an initial pilot effort, XL Group plans to expand a program that teaches Spanish to clients' construction site managers so they can communicate the need for worker safety directly to their ...
FAA Loosens Some Requirements for Commercial Drone Permits
Commercial drone operators will have an easier time using and testing their devices in the U.S. after the Federal Aviation Administration said it has loosened some requirements for obtaining ...
ACE, BlackRock Want Up to $1.3B For New Bermuda Reinsurance Venture
BlackRock Inc., the world's largest money manager, and Evan Greenberg's ACE Ltd. are forming a reinsurance venture that is seeking to raise $800 million to $1.3 billion. The business is named ABR ...
Google Compare May Go Beyond Auto Insurance
The way Valen Analytics President and CEO Dax Craig describes it, Google's move into insurance with Google Compare for auto insurance is an "all-aboard, wake-up-and-smell-the-coffee" call to the ...
Delphi to Take on U.S. Coast-to-Coast Driverless Auto Test
Delphi Automotive Plc, a supplier of car electronics, is undertaking the longest test of a driverless auto, going coast to coast in the U.S. with a specially outfitted Audi Q5 sport-utility vehicle. ...
Investing in Innovation: AXA VC Fund Backing Climate Impact, Airfare Predictors
In late February, AXA announced the launch of €200 million ($291 million) venture capital fund backing startups bringing innovations to the insurance, asset management, financial technology and ...