Industry News
EU States Giving Guarantees to Credit Insurers to Keep Coronavirus-Hit Companies Going
European Union states are giving guarantees to credit insurers in a bid to keep coronavirus-hit companies afloat, as some firms cut cover for trade involving bloc members such as Italy and Spain, ...
P/C Insurance Industry Supports New Government Fund to Help Businesses, Workers Harmed by Coronavirus Crisis
The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and ...
When MGAs manage a high volume of insurance submissions, underwriting speed often depends on what happens before an underwriter ever...
Executives On The Move at AGCS and Willis Re
Allianz Global Corporate & Specialty named its first-ever Chief Data Officer. A Willis Re executive is taking on a new job for the company in North America. *** Ali Shahkarami is the new Chief ...
CEO Viewpoint: How COVID-19 May Impact P/C Insurance—Now And Going Forward
The spread of COVID-19 across the globe and the associated economic fallout are evolving extremely rapidly, creating one of the most defining challenges of our time. In the past days, I have spoken ...
Women’s History Month: Honoring Women in the Insurance Industry
When Barbara Bufkin started in the insurance industry nearly four decades ago, she didn't think about women's roles. She started her career as a commercial underwriter, then a casualty facultative ...
Executives On The Move at Root and Allianz
A former Facebook executive joined digital auto insurer Root as its first Chief People Officer. Allianz's Australian operations hired a new chief risk officer. *** Root Inc., the parent company of ...
QBE Withdraws 2020 Financial Targets Over COVID-19 Uncertainty
QBE, in a potential harbinger of things to come from other carriers, has withdrawn its 2020 financial targets due to COVID-19 uncertainty. "In light of the unprecedented COVID-19 pandemic and ...
Hippo Partners With SimpliSafe to Give Customers Home Alarm Options
Hippo Insurance will enhance its customer offerings through a new partnership with home alarm company SimpliSafe. Hippo, an InsurTech and managing general agent, said the arrangement will add ...