Commercial Lines
AXA Fund Unit Sets 33 Percent Target for Gender Diversity on Company Boards
AXA Investment Managers will set a 33% target for gender diversity on listed company boards in developed markets and may vote against companies which fail to meet this mark. The asset management unit ...
QOMPLX Plans MGA Subsidiary Launch for Fall 2020
QOMPLX, the developer of an intelligent decision platform used in cybersecurity, insurance, and quantitative finance, is launching a U.S.-based MGA subsidiary. RubiQon Risk & Insurance ...
As the insurance market continues to stabilize, the next phase of the market will reward independent agencies that can respond...
InsurTechs Jupiter Intelligence and ClaimFlo to Represent North America in Zurich Innovation Championship
Zurich North America Insurance has selected two InsurTechs offering climate resilience and claims efficiency to represent North America in its second Innovation Championship. Jupiter Intelligence ...
Managing a Pandemic: Are There Lessons From Catastrophe Modeling?
COVID-19 isn't the first and won't be the last pandemic to threaten the well-being of the global population, but it will likely turn out to be the worst in the last 100 years. It would be hard to ...
Canadian InsurTech MGA Foxquilt Raises Seed Funding for Small-Biz Platform Development
A Canadian InsurTech focused on Small Business insurance said it raised $3.5 million in seed financing. Foxquilt, a Toronto-based MGA startup, said the funding will help it become a full-service ...
Executives On The Move at QBE North America and Safety National Re
QBE North America promoted a veteran executive to be Head of Professional Lines and Industry Verticals. At Safety National Re, its Chief Underwriting Officer for reinsurance has retired, and a rising ...
Michigan Judge Rejects Restaurants’ COVID-19 Business Interruption Claim
A trial court judge in Lansing, Mich., handed a victory to insurers in what may be the nation's first final ruling on the question of whether a property insurer is liable for financial damages caused ...
Federal Biz Interruption Bill Backed by Plaintiffs Group Introduced
Last week, a U.S. lawmaker introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and get reimbursed by the federal government, but ...