Personal Lines
Emerging Markets Will Continue Driving Insurance Industry Growth: Swiss Re
Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a continuing shift of economic power from west to east, according to Swiss ...
The Latest Launches From Munich Re, AXA XL and More
Munich Re is debuting cover that insures the performance of batteries used on an industrial scale to help generate energy. AXA XL and InsurTech startup Assurely will collaborate on insurance coverage ...
Executives On The Move at Metromile and Willis Towers Watson
Pay-per-mile car insurance company Metromile is bringing on industry veterans to fill some key roles. Willis Towers Watson made three executive appointments for its Corporate Risk and Broking segment ...
Carriers Will Increasingly Target InsurTechs for Investment, Acquisition in 2019: Deloitte
Carriers will increasingly seek InsurTech startups as investment and eventual M&A targets in 2019, according to Deloitte's predictions outlined in a new report. "Insurance companies' appetite for ...
High Cat Losses Helped Spike U.S. P/C Rating Downgrades in 2018: A.M. Best
U.S. property/casualty rating downgrades more than doubled in 2018 compared to the previous year, a result stemming from factors including catastrophic weather losses and challenging pricing ...
Shift Technology Raises $60M to Expand Reach of AI Claims Tech
Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers manage risk ...
The Latest Launches From Allstate and Travelers
Allstate disclosed that its coverage for Uber drivers is now offered in 11 additional states. Travelers' Canadian arm is launching new services for specialty insurance corporate customers that come ...
Wrecked SUVs Gain New Life in $900B Aftermarket
Mike Rosser, a 41-year veteran of the salvage car business, remembers a day when auctions for junked cars drew 30 guys standing in the sun, inspecting mangled cars for intact alternators and ...