Specialty
Reinsurance Rate Hikes Will Continue (and Moderate) in 2022: Fitch Ratings
Global reinsurers' underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes expected as a result of higher catastrophe losses, continued ...
COVID-19 Vaccine Mandates Harder to Challenge with FDA Pfizer Approval
Formal U.S approval of the Pfizer Inc /BioNTech SE COVID-19 vaccine will make it nearly impossible to successfully challenge mandates by employers, legal experts said. The decision by the Food and ...
Urbint Raises $60M to Scale Up Incident Prevention Software Tech
Urbint, a software startup that can benefit insurers and risk managers, raised a $60 million venture capital round that will help the company scale its technology and develop new products. Energize ...
Sayata Raises $17M; Broker Platform to Expand Beyond Cyber
Sayata has raised $17 million in new venture capital and has a broad growth strategy in mind. The Massachusetts-based InsurTech startup has a platform designed to help wholesale brokers and carriers ...
Small Businesses Aren’t Feeling the Love From Their Carriers: J.D. Power
Small businesses aren't feeling love right now from their property/casualty insurers. Instead, it's neglect. Customer satisfaction for small businesses dropped 15 points in the past two years – 7 ...
Munich Re’s Groves, John & Westrup Expands into Private Client Sector
Groves, John & Westrup Ltd. has been a coverholder for Munich Re's Lloyd's syndicate for decades, writing marine, pleasure boat and private yacht insurance. This year, the company branched out ...
CEOS From Travelers, Apple, Amazon and More Will Talk Cyber at the White House
The White House is hosting an event on Wednesday that will bring together America's largest technology companies for a discussion about cybersecurity challenges following a raft of high-profile ...
Guidewire Acquires HazardHub, an API Property Risks Insight Tech Firm
Guidewire Software recently acquired HazardHub, an InsurTech focused on API-driven property risk insights for the P/C insurance industry. Neither side would disclose financial details. Guidewire CEO ...