Global Economy
InsurTech Data Startup Insurdata Raises Over $1M in Seed Funding
Insurdata, a London, UK-based InsurTech startup, said it raised more than $1 million in seed financing from the likes of Menlo Ventures, Anthemis Group, Plug and Play and other investors. Insurdata ...
UK, EU More on Same Page Now About Brexit Transition Push
The U.K. has shifted its approach to the transition agreement it wants to put in place for after Brexit, falling into line with the European Union's long-held stance. Businesses have been demanding ...
Energy, Industrial Firms Are Being Targeted for Cyber Attacks, U.S. Warns
The U.S government issued a rare public warning that sophisticated hackers are targeting energy and industrial firms, the latest sign that cyber attacks present an increasing threat to the power ...
AIG Hires Former Conn. Insurance Commissioner Leonardi for Lobbying, Communications Role
A former Connecticut insurance commissioner is joining AIG as its new executive vice president, Government Affairs, Public Policy and Communications. Thomas Leonardi takes on his new role as of Nov. ...
6 Crisis Leadership Tips From Rudy Giuliani, ‘America’s Mayor’
No one anticipated the nature and scale of the attacks on the World Trade Center on Sept. 11, 2001, but the immediate response nonetheless drew upon months and years of careful planning and ...
Weakening Typhoon Lan Kills at Least Four in Japan, Causes Landslides and Flooding
A rapidly weakening typhoon Lan made landfall in Japan on Monday, setting off landslides and flooding that prompted evacuation orders for tens of thousands of people, but then headed out to sea after ...
Insurance Innovation Is (So Far) More Harmonious, Less Disruptive Than Expected
There is no shortage of commentators claiming that the rise of InsurTech will transform traditional insurance beyond recognition. It's time, then, to distinguish between hype and the real changes ...
Swiss Re Sustains $3.6B Hit From U.S. Hurricanes and Mexico Quakes
Swiss Re, the world's second-largest reinsurer, estimated its claims burden from hurricanes Harvey, Irma and Maria in the United States and from two earthquakes in Mexico at roughly $3.6 billion in ...