Strategy
Markel Corp. to Snatch up State National for $919 Million
Markel Corp. will acquire State National Companies Inc. for $919 million, a deal that the Virginia-based insurer and reinsurer said will help diversify its underwriting and revenue streams. Both ...
Advanced Analytics Can Help Insurers Boost Customer Service at Multiple Points
The one constant in insurance is that there will always be new innovations and trends that suddenly disrupt the industry. Some of the newest disruptive forces include the Internet of Things (IoT), ...
Berkshire Hathaway Reportedly in Talks to Buy Stake in Brazilian Reinsurer
Berkshire Hathaway Inc., the firm run by billionaire investor Warren Buffett, is in talks to buy a stake in Latin America's biggest reinsurer, IRB Brasil Resseguros SA, after an initial public ...
CNA Joins Global Business Diversity Initiative
CNA has become the latest property/casualty insurer to join a multi-industry CEO initiative focused on making businesses more diverse and inclusive. Dino Robusto, CNA's chairman and chief executive ...
The Latest Launches From Progressive and AIR Worldwide
Progressive has made available an online platform that lets homeowners quickly compare home insurance quotes from multiple carriers in a short amount of time. AIR Worldwide released what it bills as ...
Navigating the Fourth Industrial Revolution With Insurance-Managed Services
Through the ages, industrial revolutions have been the harbingers of great change not just for one industry but very often for the entire civilized world. When you consider Samuel Slater's invention ...
Q2 InsurTech Funding Hovers Close to $1B as Demand Grows Unabated
InsurTech funding volume hovered close to $1 billion in the 2017 second quarter, a result nearly 150 percent larger than the same period a year ago, according to a quarterly report on the sector from ...
Markel Tells Super Regional Insurers: ‘Specialize and Diversify’
Insurance is a very simple business. "You take in some money, you spend some money and you lose some money, and God willing, you have some left at the end of the day," according to Anthony (Tony) ...