Strategy
CNN Wins FAA Waiver to Fly Drone Over Crowds
CNN received a waiver allowing routine drone flights above crowds, a milestone for the industry seeking greater use of the remote-controlled devices for everything from insurance inspections to ...
Carrier Innovation Broadening Commercial Insurance Reach in Changing Economy: Swiss Re
Carrier innovation is giving commercial insurance a broader reach as the economy continues to deal with major structural changes, according to a new Swiss Re sigma report. The reinsurer noted that ...
Berkley Regional Specialty Will Become Berkley Aspire
Berkley Regional Specialty is changing its name as part of a rebranding effort and expansion. The W.R. Berkley Corp. company said it will become Berkley Aspire as of Jan. 1, 2018. According to the ...
Startup Lemonade Adds Firearms Coverage Restrictions, Citing ‘Social Good’
Online home and rental insurer Lemonade has said it is limiting its coverage for gun owners as part of its commitment to "make insurance into a social good." Citing the recent Las Vegas mass ...
AmWINS Acquiring 15 Willis Towers Watson Programs
Specialty broker AmWINS Group reports it has agreed to acquire 15 insurance programs from broker Willis Towers Watson. Among the programs being acquired by AmWINS are MountainGuard, which provides ...
As InsurTechs Make Waves, Consumers Still Trust Traditional Insurers More
InsurTechs are changing the face of insurance, Capgemini and Efma said, announcing results of a consumer survey last month in which nearly one-third of respondent said they now rely on InsurTechs. ...
‘Class of ’96’ IPO Analysis: Only 100 of 800 ‘Survived’ the Decade
Twenty years after the largest number of initial public offerings in one year took place, a new study from The University of Alabama's Culverhouse College of Commerce and Business Administration ...
Insurance Industry Acquirers Underperformed in 2016: Willis Towers Watson
Research from Willis Towers Watson announced earlier this month revealed that insurers doing acquisitions in 2016 underperformed peers that stayed away from M&A. WTW used a performance measure ...