The Latest Launches From Beazley and MS&AD Insurance

Beazley has new D&O coverage options for firms that enable reverse mergers. Cambridge Mobile Telematics teamed with a member of Japan's MS&AD Insurance Group to launch a new usage-based ...

Why Data Observability Matters: Monte Carlo CEO Moses Explains

Monte Carlo is focused on helping organizations obtain more reliable data. In early February, the San Francisco-based InsurTech startup took a step closer to fully realizing its mission with a new ...

Agency Distribution/Licensing Compliance Startup Raises $25 Million

The InsurTech AgentSync pulled in a $25 million round of financing, money it plans to us for expansion of its producer distribution management and licensing compliance software. "We're solving for ...

Vacation Trend: COVID-19 Travel Insurance Becoming a Staple

COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors ...

The Future of Underwriting Is ‘Exponential’: Deloitte Study

The underwriters of the future will need to be "exponential," multiplying their value by developing new skills and taking on enhanced responsibilities. This means evolving into new roles, such as ...

GEICO Suit Claiming It Overcharged on Auto Insurance During Pandemic Moves Forward

The auto insurer GEICO Corp, a unit of Warren Buffett's Berkshire Hathaway Inc, must face a proposed class action claiming it overcharged policyholders as the coronavirus pandemic led to less driving ...

Wholesale Insurance Broker Amwins to Snatch Up Rival Worldwide Facilities

The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the fourth-largest wholesale insurance broker in the U.S. The addition ...

Personal Auto Insurance Profits Unsustainable, Fitch Says

Highly profitable sub-90 personal auto combined ratios recorded by 10 publicly traded property/casualty insurers in 2020 don't look anything like the 106 recorded in 2016. But they're headed in that ...