Commercial Lines
Swiss Re, Auto Maker Daimler Launch MGA Focused on Auto and Mobility Insurance
Swiss Re and Daimler Insurance Services are jointly launching a managing general agent focused on automotive and mobility insurance. Dubbed Movinx, the aim of the 50/50 joint venture is to develop ...
A Look at What InsurTech Investors Should Embrace and Leave Behind
Which technology should InsurTech investors move away from, and what should they embrace instead? These are typical questions investors in the space (and others) must ask themselves over time, in ...
Public-Private Partnership Warranted to Help Businesses Harmed by COVID-19: A.M. Best
A public-private partnership or an outright government program will be both necessary and warranted to help businesses harmed by COVID-19, A.M. Best said in new commentary. One reason why: the ...
Insurers Express Confidence Over Vaccine Trial Coverage
The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific ...
The Latest Launches From Mercury Insurance, Willis Towers Watson and Lockton
Willis Towers Watson debuted a new analytical tool designed to help manage environmental risk. Lockton is partnering with an InsurTech to use its signature product – a cyber risks analytics ...
Lloyd’s Reviews Insurance Contracts Due to COVID-19
Lloyd's of London is reviewing the way insurance products are designed and sold as it calls for simpler products in response to the coronavirus pandemic, the commercial insurance market said on ...
Ethics and Insurance Fraud
It has been reported that the federal government's Pandemic Unemployment Assistance (PUA) program has been victimized by fraud. This program was designed to extend unemployment insurance benefits to ...
Insurers Accused by Olympics, USPOC of Holding up Nassar Sexual Abuse Settlement Talks
The United States Olympic and Paralympic Committee (USOPC) said on Friday it has filed a lawsuit against its insurance providers for failing to fulfill obligations in reaching a settlement with ...