Leadership & Strategy
QBE Creates Three Global Units in Structural Revamp; Exec Teams Named
QBE announced changes to its structure, designed to further simplify its operations and build a more streamlined, agile and customer-oriented business. Following the underwriting remediation in Asia, ...
The Latest Launches From Chubb and Next Insurance
Chubb has started using its digital platform to sell insurance products for the small commercial market. Next Insurance now markets a general contractor insurance policy for small ...
UBI Insurance Is Not Usage-Based. Sorry, Not Sorry!
Usage-based pricing is a fascinating topic for insurers. A technology that allows persistent monitoring of risk exposure during the coverage period could potentially enable insurers to price each ...
Former Liberty Actuary Talks ‘Openly’ About Launching Upmarket HO Insurer
Keep an eye out for Openly, a new digitally-sophisticated upmarket homeowners insurer catering to independent agents. According to Ty Harris, founder and CEO, Openly will launch in early 2019 in a ...
A Different World for Underwriters: Profits Shift to Lines That Were Loss Leaders
For property/casualty underwriters, today's operating environment may seems like an insurance-themed episode of The Twilight Zone, with lines they counted on for profits turning into problems and ...
GM Hits Speed Bumps on $5B Road to Driverless Cars by 2019: Reuters
It's one of the biggest bets going in the world of cars. Since May, General Motors Co. and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japan's SoftBank ...
Survey Reveals U.S. Workplaces Divided Over Politics
Last week, Ranstad US, a human resources services firm, released a survey of U.S. workers revealing that more than half have seen and heard "heated political discussions" taking place at work, ...
Liberty Mutual’s Safeco to Take EMC’s Agency Personal Lines Biz
With an intention to focus on commercial, reinsurance and life insurance business going forward, EMC Insurance Companies announced an agreement with Safeco Insurance related to its existing personal ...