Industry News
Buffett Protégé Slashes Jobs to Help Berkshire Units Rebound
Tracy Britt Cool earned Warren Buffett's trust overseeing a constellation of smaller units at his conglomerate, Berkshire Hathaway Inc. The billionaire's annual report gives a glimpse into one thing ...
Board Tech Inexperience Hampers Insurer IT Embrace: Novarica
Insurers speak loudly these days about embracing information technology as a tool to help grow their businesses. It turns out, however, that there is a disconnect: Their boards of directors are often ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
BHSI Launches Professional First Asset Management Liability Policy in Asia
Berkshire Hathaway Specialty Insurance has launched the newest addition to its Professional First suite of professional liability products: Asset Management Liability Insurance, which provides ...
Few Rideshare Drivers Have Insurance, But Interest Is Growing
A large portion of rideshare drivers do not have the required insurance—but more are buying it or seem to be more interested in it. According to a recent survey by the Rideshare Guy, roughly 1 in 5 ...
The Latest Launches From Ironshore and Valen Analytics
Ironshore Inc. is targeting the transportation sector with a new series of coverage endorsements. Valen Analytics launched a new risk score for commercial auto insurance. *** Ironshore Inc. said its ...
Allstate: 400 Jobs Will Flesh Out New Chicago Innovation Hub
Allstate Corp. plans to bring nearly 400 jobs to Chicago focused on innovation and technology in a bid to improve customer service. Plans call for establishing an innovation hub at the Merchandise ...
Top 20 Claims Satisfaction Ranking: Amica Reigns as Industry Falters
Amica Mutual ranked highest in overall satisfaction among homeowners who have filed a property claim, according to the J.D. Power 2016 Property Claims Satisfaction Study, which found household names ...
P/C Insurers See Wide Uses for Predictive Analytics: Willis Towers Watson
Property/casualty insurers plan to drastically widen their use of predictive analytics over the next two years to expand and grow their operations, a Willis Towers Watson survey has found. What's ...