Innovation
Berkshire Hathaway Direct: ‘Challenging the Normal’ With Three Pages
For most property/casualty actuaries, routine parts of the job involve finding comfort with insurance pricing levels and claims trends, grounded in a thorough understanding of the parameters of ...
Future of Claims: Customers Still Want Humans In Process—But Not Too Many
While insurance carriers are warming to the idea of automating the claims process—and even possibly touchless claims handling—auto insurance policyholders are still wary of do-it-yourself ...
The Latest Launches From W.R. Berkley, AmWINS/Alliant and USAA/Roost
A W.R. Berkley unit expanded its product offerings to include a primary private company management liability policy. AmWINS Group Inc. and Alliant Insurance Services are partnering to service the ...
BriteCo Brings Rapid Fine Jewelry Coverage to the Insurance Marketplace
On March 20, BriteCo disclosed it has raised a $2 million seed financing round. This cash infusion will help the Illinois-based startup ramp up its business plan: partnering with jewelers to help ...
Capital Shield, Berkley Debut Cover for Individuals Dealing With Embezzled Investment Funds
Insurance is hitting the market that will protect individual investors if an asset manager or investment adviser embezzles their investment funds. Capital Shield Inc. and Capital Shield Insurance ...
Volvo Will Install In-Car Cameras, Sensors to Prevent Drunk Driving
Swedish automaker Volvo hopes to reinforce its reputation for safety-first driving by installing cameras and sensors in its cars from the early 2020s, monitoring drivers for signs of being drunk or ...
Italian Parcel Company Mulling Use of Drones, Driverless Vehicles in Growth Push
Poste Italiane aims to more than double the number of parcels it delivers by 2022, the head of its Mail and Parcel (M&P) unit said, as the former postal services monopoly presses on with its ...
The Latest Launches From Nationwide, Berkshire Hathaway, Coalition and Church Mutual
Nationwide and Slice Labs will develop on-demand rideshare insurance products and services for drivers who work for companies in the space. Berkshire Hathaway's GUARD Insurance Companies and Planck ...