Markets
The Latest Launches From Sompo International and Tokio Marine HCC
A division of Sompo International will partner with a Portuguese managing general agent to offer crop insurance products and services to the Portuguese agricultural sector. Tokio Marine HCC will work ...
California State Fund Will Now Accept Any COVID-19 Claim From Essential Workers
California's State Compensation Insurance Fund said it is now accepting any claim by an essential worker for a diagnosed case of COVID-19, regardless of whether that worker can demonstrate the virus ...
For Travelers, Q1 Catastrophe Losses Make Greater Impact Than Coronavirus Costs
The Travelers Companies felt relatively small effects from the coronavirus pandemic in the 2020 first quarter, with catastrophe losses from tornadoes and other storms taking more of a bite. ...
AXA XL Builds New Leadership Team, Updates Operating Model
AXA XL formed a new leadership team and has outlined proposed changes to the operating model of its Insurance business following a strategic review. "AXA XL is the result of acquisitions and mergers ...
Creating a Tradeable Market for Cyber Risk—and More: Q&A With AkinovA’s Founder Winand
London-based AkinovA represents itself as "the electronic marketplace for the transfer and trading of risk." Founded in 2017 by Henri Winand and Jean-Michel Paul, the first trade on the platform—a ...
Navigating a Risk Management Maelstrom: An Interview With JUUL Labs’ Head of Risk and Insurance
JUUL Labs, Inc. (JLI), an alternative cigarette company, went from startup to a $4 billion revenue company in just four years. As of September 2018, the company had more than 70 percent of the ...
Some InsurTechs Pursue Growth Plans Despite Pandemic Onslaught
InsurTechs, like all companies these days, aren't immune to business challenges created by the coronavirus pandemic, which has left many businesses shut down or struggling to function in the face of ...
Zoom, House Party or Webex: Choose Your Ideal Videoconferencing App
The coronavirus crisis has seen millions locked in their homes turn to videoconferencing apps, bringing with it question marks over security and privacy and a new verb - Zoombombing - the practice of ...