Specialty
P/C Insurers Can Benefit From Increasingly Sophisticated Data Analytics Technology
There has never been a better time for P/C insurers to use data analytics as a tool to expand their underwriting reach into new markets and risk classes, Swiss Re said in its latest sigma report. The ...
HSBC May Bid for Aviva’s Asian Assets
HSBC Holdings Plc, the bank that shook up its senior leadership this month, is considering a bid for Asian operations being sold by Aviva Plc as it seeks ways to diversify its business in the region, ...
Can InsurTechs Really Disrupt Insurers and Reinsurers?
The mantra of InsurTechs is changing. Initially, InsurTechs were going to disrupt the insurance industry through the use of technology; however, technology alone cannot replace the vital role played ...
5 P/C Insurer CEOs Sign Pledge Promising Meaningful Corporate Social Responsibility
CEOs of some of the largest property/casualty insurers signed onto a new document, along with some of the nation's largest and most influential companies, urging corporate leadership for the benefit ...
Hamilton Completes Acquisition of Liberty Mutual’s Pembroke Managing Agency, Ironshore Europe DAC
Hamilton Insurance Group said it has completed its acquisition of Liberty Mutual's Pembroke Managing Agency at Lloyd's and its Ironshore Europe DAC business. The acquisition, first announced in ...
Executives On The Move at GEICO and Lockton
A rising GEICO executive will now be assistant vice president of the insurer's product management division and be based at corporate headquarters. Lockton is hiring a Marsh veteran to be executive ...
GuideOne Partners With Company That Provides Active Shooter Readiness Training
GuideOne Insurance is partnering with a company that trains businesses, schools and churches how to proactively counter active shooters and violent intruders. The Iowa-based insurer said it will work ...
Arch Insurance Asserts Policy Exclusion Frees It From Covering USC’s $215M Sex Abuse Settlement
Arch Specialty Insurance Co. is arguing in a recently filed a lawsuit that it shouldn't have to cover the University of Southern California's $215 million settlement in a case where the school's ...