Innovation
Aon’s New Ventures Group Turns Initially to Intellectual Property
Aon's New Ventures Group, which was formed in October 2018 to accelerate Aon's investment in innovative new products, is focusing its first efforts on intellectual property in order to help clients ...
Consumers Excited to Exchange Personal Data for Cheaper Financial Products; Privacy Remains a Concern
Carriers focusing on telematics and other tools that measure customer behavior in exchange for lower prices may be onto something. A new Accenture report has found that insurance or banking products ...
Self-Driving Cars Still Elicit Fear From Americans
Seven in 10 Americans don't want to go anywhere near self-driving cars. The portion of Americans who fear autonomous vehicles—71 percent in the American Automobile Association's latest survey—is ...
The Latest Launches From Aon and Swiss Re
Aon is partnering with an InsurTech to help insurers evaluate their portfolio risks by way of a wildfire risk model using artificial intelligence. Swiss Re has launched new parametric insurance cover ...
The Latest Launches From W.R. Berkley Corp and Pool Re
A division of W.R. Berkley Corp. is selling an insurance product that covers individuals for embezzlement of their invested assets. Pool Re, Britain's terrorism reinsurer, is working with UK ...
The Latest Launches From Neptune Flood and Sompo International
Neptune Flood is expanding its digital flood insurance coverage to six new states. Sompo is expanding its primary professional lines insurance offering for private companies in the United States with ...
The Latest Launches From Munich Re, AXA XL and More
Munich Re is debuting cover that insures the performance of batteries used on an industrial scale to help generate energy. AXA XL and InsurTech startup Assurely will collaborate on insurance coverage ...
ChainThat Will Debut Blockchain-Driven Risk and Capital Exchange in Bermuda
A blockchain-driven risk and capital exchange for the insurance and reinsurance market is set to be launched in Bermuda later this year by ChainThat. The exchange will allow broker, reinsurance and ...