Commercial Lines
Liberty Mutual’s Safeco Will Assume QBE North America’s Personal Insurance Business
QBE North America will transfer its North America personal insurance policies sold through independent agents to Safeco Insurance, leaving the specialist insurer to focus on its core commercial ...
Executives On The Move at Slice Labs, AXIS Capital Holdings and Sompo International
Startup Slice Labs is bringing on a chief growth officer. AXIS Capital Holdings Ltd. appointed a former Partner Re executive to a newly created executive position. An ex-Swiss Re executive is joining ...
The Latest Launches From Marsh and AmWINS
Marsh debuted a new insurance product designed to help small and midsize law firms in England and Wales manage their professional indemnity risks. The insurance wholesale brokerage AmWINS Group ...
W.R Berkley, Travelers, GEICO Among 12 New Members of The Institutes RiskBlock Alliance
Twelve more companies have joined The Institutes RiskBlock Alliance, which is billed as the risk management and insurance industry's first enterprise-level blockchain consortium. The membership level ...
Report: Cyber Crime Ring Planning Massive ATM Thefts
An organized crime ring is likely to attempt a "large-scale theft" of cash from U.S. ATMs in coming days, a closely watched cybersecurity website reported. The Federal Bureau of Investigation has ...
AT&T Sued By U.S. Investor Over Cryptocurrency Loss
U.S. entrepreneur and cryptocurrency investor Michael Terpin filed a $224 million lawsuit on Wednesday against telecommunications company AT&T , accusing it of fraud and gross negligence in ...
Reinsurers Come to Terms With Alternative Capital: Standard & Poor’s
Rather than fear the ever-increasing availability of alternative capital, reinsurers aren't just making the best of it. They're taking advantage of the money source and aligning it with their own ...
A Quantum Computing Startup With an Eye on Insurance Raises $2M
A Canadian company developing quantum intelligence for insurance and other industry sectors has raised a $2 million seed round of financing. Qindom, based in Toronto, raised the funding from an ...