Industry News
Strategic Portfolio Management Needed to Address Wildfire Risk
Economic losses from wildfires remain a concern for 2023, despite last year's average season, according to a new report by Gallagher Re. Climate change, shifting weather patterns and homes that ...
Chubb Appoints Michael O’Donnell COO of Global Reinsurance
Chubb Limited announced the appointment of Michael O'Donnell as chief operating officer of Global Reinsurance. The appointment is effective immediately. He currently serves as division president of ...
Tech Bytes: New Partnerships at bolt, HUB, Canopius
InsurTech bolt announced a partnership with Bamboo, a property/casualty insurance organization. The partnership brings bolt's smartphone protection product into Bamboo's digital ecosystem. Bamboo is ...
HELIXintel Secures Series A to Expand in Building Management Industry
HELIXintel, a platform providing building management, predictive analytics, and equipment management, has concluded a series A funding round. National Grid Partners, the corporate venture and ...
Accelerant Launches Exchange for Specialty Underwriters
The Accelerant Risk Exchange, now in beta testing, is available to member specialty underwriters, insurers and risk capital partners, stated a news release issued today. Founded in 2018 to support ...
Aon: Top Trends for Growth Offer $200B Opportunity for Insurance Industry
Technology is the biggest driver of current and future trends offering risk and opportunity for the insurance industry, according to a newly released report. Prescriptive analytics, shared mobility ...
Report: Drop in Auto Premiums, Rise in Motorists Deaths Linked to Reduced Traffic Enforcement
Several new driving trends have been recorded since the onset of the pandemic, according to a new report released by TransUnion. While traffic violations have declined nationally by 13 percent, the ...
McKinsey Creates New Ethics Role After $641 Million Opioid Fallout
McKinsey & Co. is beefing up its ethics department after a series of high-profile controversies, including helping Purdue Pharma LP "turbocharge" opioid sales.
The U.S. has joined a list of mostly emerging-market countries where ESG supply-chain risks are "high," after the world's richest economy failed to provide adequate ...
U.S. Slips in Supply-Chain Ranks After Child-Labor Violations