Personal Lines
United Nations Development Arm Starts Disaster Insurance Program
The United Nations Development Programme has launched an initiative to help governments and the private sector in developing countries provide insurance for crises such as pandemics and natural ...
Generali CEO Wins Board Backing Despite Opposition From Two Leading Shareholders
The board of Assicurazioni Generali on Monday threw its weight behind the reappointment of Chief Executive Philippe Donnet, overlooking opposition from two leading shareholders in Italy's top ...
InsurTech NY Debuts Index Scoring Carrier Willingness to Partner With Startups
InsurTech NY is debuting an index that scores insurance and reinsurance companies on their willingness and ability to partner with industry-related tech startups. The organization, which bills itself ...
CEO Viewpoint: Jewelry Insurance Is a Carrier Growth Opportunity
With losses from Hurricane Ida and its aftermath reaching $25-$30 billion, far too many homeowners don't realize they may not have insurance coverage for flooding. While tens of thousands of flood ...
MGU SageSure Secures $125M in Bank Financing to Support Continued Growth Plans
SageSure, a tech-driven managing general underwriter focused on costal residential property markets, raised $125 million in bank financing meant to enable its continued growth plans. "SageSure has ...
U.S. Flood Insurance Market Slowly Transitioning to Private Carriers: AM Best
The country's flood insurance market is slowly transitioning toward private insurers providing additional options to the federal government's program for those seeking coverage, according to a new AM ...
Key Generali Committee Reportedly Backs Keeping Donnet as CEO
Generali's appointments committee recommended that the board finalize a slate of nominees for its renewal keeping Philippe Donnet as CEO for another term, three sources close to the situation told ...
CEO Viewpoint: Seeing the Light Through the Mountain of Paper
Imagine explaining the concept of insurance to an alien. After the end of the elevator pitch, I guarantee they would think it was a pretty cool idea. At its heart, insurance is a simple and great ...