Personal Lines
U.S. P/C Insurers Should See Small Underwriting Profit Gains for 2020: Fitch
The U.S. property/casualty insurance sector should see small improvements in underwriting profits in 2019 and 2020, thanks largely to commercial lines price increases, Fitch Ratings predicts in a new ...
Wildfires Rage in Australia, Ravaging Sydney’s Air Quality
Sydney is world famous for its shimmering harbor and clear blue skies. Not this summer. As bushfires ravage the country's east coast, pollution is becoming a regular occurrence in Australia's biggest ...
AI, Machine Learning Increasingly Embraced by U.S. Carriers: LexisNexis
Artificial intelligence and machine learning are increasingly embraced by U.S. carriers as they seek to remain competitive and modernize their operations, a new LexisNexis Risk Solutions study has ...
Octo Telematics Deepens Connected Car Focus With Nebula Systems Acquisition
Italy's Octo Telematics has acquired Nebula Systems, Ltd., a UK-based company that develops advanced cloud-based technologies for the automotive and connected car industries. The acquisition brings ...
Driverless Auto Development Spreads as Hyundai Commits Billions Toward Development
Hyundai Motor Co. will spend 20 trillion won ($17 billion) over the next six years on new technology to help make the switch to electric and autonomous vehicles. Announcing its strategic plan to ...
Insurance Tech Firm Applied Systems to Grab Indio Technologies for Undisclosed Price
Leading insurance technology firm Applied Systems has agreed to acquire digital insurance technology startup Indio Technologies. The move will enable Applied Systems to offer Indio's digitized ...
Executives On The Move at QBE North America, Marsh and AXA
QBE North America appointed a new chief legal officer. Marsh hired a former CoverHound executive to lead its cloud-based digital broker platform for the affinity market. AXA Equitable Holdings, Inc. ...
Trov, Lloyds Banking Arm Partner on Digital Renters Insurance Application
Trov has rolled out its digital renters insurance application, an end-to-end product brought to market by a unit of Lloyds Banking Group. Trov, an insurance technology company, said the product ...