Commercial Lines
The Latest Launches From Zurich and Everest Insurance
Zurich has a new hurricane deductible buy-back program. Everest Insurance expanded its workers compensation capabilities for the marine industry. *** Zurich has launched Cat4Home, a new hurricane ...
Consortium Launches Effort to Better Understand Insurance Industry Issues, Opportunities for Women
A wide-scale effort is launching that is designed to develop better understanding of issues and opportunities for women in the insurance industry. The Million Women Mentors' Women in Insurance ...
Executives On The Move at AXIS Re, BHSI and W.R. Berkley Corp.
AXIS Re hired a new executive to help manage its Lloyd's operations. Berkshire Hathaway Specialty Insurance appointed a Chubb veteran to run its expanded operations in Australia. A veteran executive ...
China’s Anbang Insurance to Start Selling Waldorf Astoria Luxury Condos
China's Anbang Insurance Group Co. is scouring the globe for condo buyers looking for a little -- or a lot -- of Park Avenue glamour. Four years after buying the famed Waldorf Astoria for a record ...
Two European AI Specialists Partner to Offer Claims, Fraud Detection Services
FRISS' digitization of unstructured documents helps in the risk assessment of policy documents and claims statements, while data extracted by omni:us can be used for fraud detection in claims and ...
EU Claims to Be Ready for No-Deal Brexit on Oct. 31, Despite Undesirability
The European Union said it's ready for the U.K. to leave the bloc without a deal and isn't planning any further contingency measures. In a progress report on its no-deal Brexit planning, the European ...
U.S. Cyber Premiums Slowed to 10 Percent Increase in 2018: Aon
U.S. cyber insurance premiums grew 10 percent in 2018 and 14 additional players began offering coverage in the sector, Aon reported in its latest study of the sector. Aon found that 184 U.S. insurers ...
For Legacy Carriers, It’s About Technology With a ‘Human Touch’
The digital transformation of the insurance industry isn't just for InsurTech startups any more. At Allstate, 60 percent of claims are now filed with a cell phone application that allows ...