Specialty
USAA Boosts Diversity Initiatives With New Executive Hire
USAA has hired its first-ever head of diversity initiatives at the organization. Bryan Gingrich will serve as Vice President of Diversity, Equality and Inclusion, a new role at the Texas-based ...
Business Travelers Aren’t Rushing Back to Flying Just Yet
Of the 2 million people clogging airport security lines and gate areas again each day, one crowd is still largely missing: business travelers. Their absence is noteworthy because they are a key ...
Lloyd’s Will Develop Electric Vehicle, Hydrogen Insurance Products in Climate Change Fight
Lloyd's of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday. Lloyd's ...
Legacy Carriers Can Join Agentero’s Digital Agent Network as They Improve Their Tech Stacks
One of Agentero's pitches as an InsurTech startup is to connect insurance agents to "modern carriers" to help boost their revenue. Carriers, in turn, can use the California-based InsurTechs's ...
The Latest Launches From Chubb and Net Insurance
What is being billed as the first on-demand and pay-per-use plan to protect against home theft has debuted in Italy, in a collaboration between three companies. Chubb added Errors and Omissions ...
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves ...
Insured Losses From Germany’s Flooding Could Reach $6B: AIR Worldwide
AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6 billion). Low pressure system "Bernd" parked itself ...
Chubb Celebrates ‘Robust’ Q2 Financial Results; Commercial Lines Premium Gains Soar
Chubb released extremely positive Q2 results on July 27, driven in particular by strong gains in its commercial property/casualty business and related rate hikes in the sector. The company used words ...