Commercial Lines
Sompo International Leaving Lloyd’s; Consolidating to London Company Market Platform
Sompo International Holdings Ltd., a Bermuda-based specialty provider of property/casualty insurance and reinsurance, announced that as part of the ongoing transformation of Sompo International, the ...
A Global Pandemic Hasn’t Changed the Mission of InsurTechs and Insurers to Help Their Customers
We're living through unprecedented times. Just a few short months ago, no one had ever heard of COVID-19. Now, a simple trip to the grocery story is an existential threat. Most of us are sheltering ...
Corvus Insurance Hires Former Execs From Beazley, Hiscox and Zurich
Corvus Insurance is adding to its executive team with veteran executives from Beazley, Hiscox and Zurich. The Boston-based InsurTech startup's hires come as experienced 20 percent growth already in ...
Executives On The Move at Beazley and Willis Towers Watson
Beazley appointed a new global head of cyber & executive risk, effective July 2020. Willis Towers Watson hired a new senior director in its Climate and Resilience Hub. *** Specialist insurer ...
Stay-at-Home Pandemic Orders Reduce Auto Claims Almost by Half: Snapsheet
Insurers are reporting a 40-50 percent drop in claims volume for personal auto and a 30-40 percent reduction for commercial auto due to the coronavirus pandemic, an executive for claims-automation ...
QBE Plans $825M Capital Raise to Help Weather COVID-19 Uncertainty
QBE Insurance is planning to raise about $825 million in capital as a result of the economic and investment market uncertainty created by the coronavirus crisis. The company will raise approximately ...
Regulator Warns Most Small UK Companies Lack Pandemic Insurance
Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that do should make interim pay-outs quickly, a watchdog said on ...
Could Declining Fertility Lead to Public Health Litigation?
In January 2016, a 38-year-old man reported to a medical clinic in Iowa for a circumcision and was mistakenly given a vasectomy, rendering him infertile. Late last year, a jury awarded the man $2 ...