Strategy
XL Catlin’s VC Arm Leads $16.5M Financing for Israeli Maritime Risk Analytics Firm
XL Catlin's venture capital arm is the lead investor in a $16.5 million financing for Windward, a maritime risk analytics firm based in Israel. XL Innovate led the Series C financing, though previous ...
Property Catastrophe Reinsurance Rate Hike Momentum Sputters: Willis Re
Any momentum for property catastrophe reinsurance rate hikes in place earlier this year has largely dissipated during the June/July renewals, and some pricing has even dipped, Willis Re said in its ...
Tariffs, Congressional Negotiations Put Pressure on U.S. Subsidized Multiperil Crop Insurance: A.M. Best
Farm bill negotiations in Congress will potentially place serious pressure on the U.S.-subsidized multiperil crop insurance market, a new A.M. Best report concludes. Here's why: Typically, the ...
P/C Insurers Struggle to Match the Digital Customer Service Wizardry of Others: J.D. Power
Property/casualty insurers have a long way to go toward meeting customer expectations about their digital interactions, the new J.D. Power 2018 Insurance Digital Experience Study found. J.D. Power ...
Citigroup’s Mexico Division Will Distribute Chubb Insurance, Surety Products
Chubb and Citigroup have sealed a distribution agreement involving the sale of insurance products in Mexico. The arrangement takes place through local divisions of each company: Citigroup's ...
The Latest Launches From Allstate and Sompo International
Allstate said it has started marketing a pay-per-mile auto insurance product for New Jersey drivers. Sompo International Holdings released a new group of weather-driven risk management products for ...
Strategic Blockchain: Xceedance and ChainThat Gain Critical Mass
Xceedance decided to jump on the blockchain bandwagon late last year—but rather than building its own platform, it invested in ChainThat, a specialist provider of blockchain solutions for the ...
Younger Employees Remain at Employers if Trust Is Strong
While the secret to attracting millennials may remain unsolved for some carriers, a new survey involving multiple industries offers at least one fresh recruitment clue. Trust turns out to be one ...