Innovation
MS Amlin Exits Aviation Insurance Market
MS Amlin, the London-based global specialty insurer and reinsurer and subsidiary of MS&AD, confirmed its exit from the aviation insurance market, effective from Oct. 14 when it will cease ...
Insurance Site Struggles With Google’s Escalating Costs
"Where's the best place to hide a body? The second page of a Google search." The gallows humor shows that people rarely look beyond the first few results of a search, but Lee Griffin isn't laughing. ...
Travelers Joins Two Groups Focused on Advancing Automated Vehicle, Driver Assistance Tech
The Travelers Companies, Inc. said it has joined two groups focused on advancing research and public information about automated vehicle and driver assistance technologies. They are the Advanced ...
Customer Focus Is Key Ingredient for Future InsurTech Users
In her 1969 hit song "Both Sides Now," singer-songwriter Joni Mitchell looked at clouds and other metaphors of life both optimistically and pessimistically—and she felt uncertain about the future. ...
AAIS Working Groups Seek to Broaden Industry Use of Blockchain Platform
The American Association of Insurance Services is trying expand the use of its blockchain platform across different segments of the property-casualty insurance industry. AAIS, a non-profit insurance ...
The Latest Launches From Nationwide and Corvus Insurance
Nationwide has brought on another partner so it can begin automating underwriting appetite communications for thousands of agents. Corvus Insurance updated its cyber underwriting model with ...
Cat and Dogs Focus of Marsh, Zurich North America’s New Pet Insurance Program
Marsh and Zurich North America have begun a pet insurance program targeted to cats and dogs in the United States. Known as TrustedPals, the companies bill the effort as a "next generation pet ...
Next Insurance Pulls in $250M Financing from Partner Munich Re
InsurTech startup Next Insurance has pulled in a $250 million financing round from a single investor: Munich Re. Palo Alto-based Next said it plans to use the Series C cash infusion to scale up its ...