Commercial Lines
New Slice Labs Unit Relies on AI, Machine Learning to Help Clients Fine-Tune Their Operations
Slice Labs Inc., known for its on-demand insurance cloud platform, recently launched a new business unit. The division, named Slice Mind, centers around an "insight engine that helps companies with ...
Massive Amounts of Facebook User Data Found Posted on Amazon Cloud Servers
Facebook Inc. user data is still showing up in places it shouldn't. Researchers at UpGuard, a cybersecurity firm, found troves of user information hiding in plain sight, inadvertently posted publicly ...
Brexit Continues Pushing UK Financial Jobs Out of the Country: Think Tank
Financial firms in Britain continue to shift business to new European Union hubs and won't stop unless Brexit is canceled, a think tank told British lawmakers on Wednesday. William Wright, head of ...
UK Specialty MGA Nexus Buys an MGA and a Broker
UK specialty managing general agent Nexus Group lived up to its description as an "acquisitive insurance intermediary holding company," with the purchase this week of an MGA and an insurance broker. ...
Nationwide Adds More Eligible Small Business Types to Commercial Insurance Platform
Nationwide said it has expanded 24-hour access to more types of small businesses for its Commercial Digital Direct online commercial insurance platform. Now, 30 different business types can access ...
The Latest Launches From Munich Re America and Beazley
Munich Re America now has a personal lines homesharing insurance product designed for folks who rent their homes out for a profit in the U.S. Beazley has added two new product lines to its broker ...
April Renewals Achieve Rate Hike Range From Flat to 25 Percent: Willis Re
While there were no signs of generalized rate hardening during the April 1, 2019 renewal season, reinsurers have adopted a "rational" rating approach, asking for price increases of up to 25 percent, ...
At Nearly $21M, AIG CEO Duperreault’s 2018 Paycheck Is Half the Previous Year’s
Insurer American International Group Inc said on Tuesday it paid Chief Executive Officer Brian Duperreault $20.9 million in 2018 while also outlining a series of reforms to its pay practices in the ...