Leadership & Strategy
Greenlight Re Decides Not to Sell Itself After All
Greenlight Capital Re, Ltd., the Cayman Islands-headquartered reinsurer, announced it has decided to continue with its existing business plan after completing a strategic review of transaction ...
New InsurTech Venture Capital Financings Dropped by Half in Q1
Already, the coronavirus pandemic has taken a big bite out of InsurTech venture capital financings. Venture capital investments in the sector reached $760 million in the 2020 first quarter, about 50 ...
InsurTech Wefox Part of European Efforts to Ready Smartphone Tech Tracing Coronavirus Exposures
A group of European experts said on Wednesday they would soon launch technology for smartphones to help trace people who had come into contact with those infected with coronavirus, helping the health ...
Lemonade Enters the Netherlands Insurance Marketplace
Lemonade is now doing business in the Netherlands, its second European country after debuting in Germany nine months ago. The New York-based InsurTech said that Dutch customers can purchase contents ...
Coronavirus Reportedly Dashes National Bank of Greece’s Sale of Ethniki Insurance Unit
National Bank of Greece SA has halted the sale of its Ethniki Insurance unit after the coronavirus pandemic dashed any lingering hopes of a successful auction, according to people familiar with the ...
Managing Remote Workers
Don't look now, but the trend toward working remotely has just found solid footing in the form of a global pandemic. Companies around the world have been forced to conduct business in new ways since ...
Ageas Goes AI for Claims Process Via Tractable Partnership
UK insurer Ageas will start using artificial intelligence to create end-to-end assessments and estimates of vehicle damage during a claims process. The move comes thanks to a partnership with ...
A Longer Coronavirus Crisis Creates Greater Underwriting Loss Uncertainty: Fitch
North American property/casualty insurers will likely face increasing coronavirus-related financial challenges as the pandemic crisis drags on, Fitch Ratings said in a new report. "Claims experience ...