Strategy
UK Insurer RSA Returns to Earlier Commercial Lines Organizational Structure
RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single business unit focused on commercial lines. This move follows ...
As Legacy Acquisitions Boom, What Will Happen to Deal Pricing?
Activity in the legacy insurance market has boomed. However, as capital pours in, perhaps it is best to understand how pricing will develop in the space and whether increased capital will drive price ...
Next Insurance Makes Room for Agents After All
Next Insurance has begun formally marketing a portal designed to help independent agents quickly quote and sell its policies. Next said the system, dubbed "Next for Agents," had been in beta testing ...
Sompo, Willis Towers Watson Launch Insurance Platform for Middle Market Commercial Real Estate Companies
A division of Sompo International Holdings is teaming with Willis Towers Watson to launch an integrated insurance platform targeted to middle market commercial real estate companies. The partnership ...
Relationships Remain the Required Human Element of the Industry: Nationwide’s Rasmussen
From autonomous vehicles to index funds, our world and our industry are changing, and it would seem that people are less a required element. But I'm here to tell you that people—more specifically ...
AIG Will Finalize Transition to Affirmative Cyber Coverage in January 2020
American International Group said it is finalizing a transition to affirmative cyber coverage across its global commercial lines. As of January 2020, AIG said that virtually all of its commercial ...
W.R. Berkley Joins $10M Financing for Tremor, a Reinsurance ‘Smart’ Market Platform
W.R. Berkley Corp. is among the investors behind a new $10 million financing round for Tremor, a startup developing a reinsurance "smart" market platform. The Boston-based startup said that several ...
Zurich Pledges to Protect Consumer Data With Robust New Policy
Zurich Insurance Group is pledging to protect consumers' data through a new policy it claims will well exceed legal requirements. The carrier's goal with the effort is to boost transparency and ...