Strategy
Carriers Rush to Exclude Coronavirus Epidemic From Event-Cancellation Policies
Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the ...
Metromile, Tokio Marine Group Expand Claims Partnership
Metromile and Tokio Marine Group said they are expanding their claims partnership. Metromile, an InsurTech insurance carrier centered around machine learning, said that Tokio Marine is now using its ...
SkyWatch.AI, Starr Begin Usage-Based Drone Insurance in Canada
InsurTech SkyWatch.AI and Starr Insurance Companies have launched a usage-based drone insurance product in Canada. The coverage debuted in Ontario, Canada, and it includes on-demand hourly, monthly ...
The Story of Cover Genius
Among the predictions delivered toward the end of 2019, one long-term forecast stood apart from the rest. "I think insurance will actually start to just disappear into the ether," an industry ...
XCover and XClaim: The Nuts and Bolts of Cover Genius
Cover Genius has a broad vision: To protect all the customers of the world's largest online companies. According to the InsurTech's website, it currently sells "millions of policies per year in ...
New Cyber Services From AXA XL/Accenture and Cowbell Cyber/Advisen
AXA XL and Accenture's partnership will give the insurer a new service to help clients respond to and recover from cyber attacks. Managing general agent Cowbell Cyber said it will incorporate ...
AXA Confirms Plans to Sell Eastern Europe Operations for Nearly $1.1B
AXA has confirmed earlier reporting that it has agreed to sell its operations in Poland, Czech Republic and Slovakia to Austria's Uniqa Insurance Group. AXA will sell 100 percent of its life and ...
3 Ways Leaders Can Minimize Their Communication Risks
In statistics, every dataset comes with a margin of error — a measure of the data's reliability. There's always a level of uncertainty in data, and decision-makers use the margin of error to gauge ...