Social Responsibility
Zurich, Chubb Boost Cover for Controversial Trans Mountain Oil Pipeline
Major insurers Zurich, Chubb increased their insurance cover for a Canadian oil sands pipeline over the last year, Canadian regulatory filings show. The Trans Mountain pipeline, which ships types of ...
Lemonade Encourages Customers to Fuel ‘Social Good’ by Taking COVID-19 Research Surveys
Lemonade is encouraging its members to take online surveys – lots of them – in order to positively impact the COVID-19 crisis. The InsurTech focused on digital homeowners and renters insurance ...
GEICO, The Hartford, Farmers, Erie Insurance Among Additional Carriers Pursuing Customer Coronavirus Relief
A new round of insurers has implemented auto insurance rebates, premium reductions, donations and other measures to help customers impacted by the coronavirus pandemic. Their actions follow earlier, ...
Travelers, Chubb, Allstate and Others Commit Substantial Resources Toward Coronavirus Relief
As the coronavirus pandemic drags on, insurers are committing substantial capital toward helping their agents, clients and employees weather the ongoing crisis. Companies including Travelers, Chubb, ...
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 ...
Italy’s Generali Will Create Fund to Help Countries Combat Coronavirus
Italy's biggest insurer Generali on Friday joined a rising number of companies that have rushed to provide funds to fight the coronavirus crisis. Italy has been hardest hit by the outbreak in Europe, ...
Lemonade Launches Nonprofit Foundation With $20M Endowment
Lemonade has established a nonprofit foundation designed to promote the use of AI, data and software to build socially impactful products and programs globally. Dubbed The Lemonade Foundation, the ...
Global Financial Firms Risk $1 Trillion in Losses if Slow to Act on Climate Change
The world's financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate change and is hit by policy shifts such as the introduction of a carbon tax, a new ...