Industry News
Carriers, Tech Firms Struggle to Keep Up With Cyber Risks: ITC Panel
Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when they happen. How can this be? The unique makeup of cyber risks is one of ...
Cape Analytics Rolls Out Geospatial Portfolio Monitoring Products
Cape Analytics is launching what it bills as the insurance industry's first geospatial portfolio monitoring products. They're intended to work together. Change Detection is designed to alert carriers ...
Lloyd’s of London Releases Blueprint to Create Super-Advanced Marketplace
Lloyd's of London has unveiled a blueprint for action to facilitate its Future at Lloyd's project, which aims to "build the most advanced insurance marketplace in the world." This first blueprint, ...
Fairfax’s Watsa Gives ‘Mindboggling’ Takeover Testimony Leading to Shareholder Court Award
Canadian investor Prem Watsa was "purposely forgetful" and offered a "mindboggling" explanation in court testimony explaining why he backed a low-ball bid for a pulp mill in a sale to Resolute Forest ...
InsurTech Speakers Blaze Trail From Michelin Guides to Smartphones
People who buy gasoline generally don't care for the product or enjoy the experience of pumping gas—they just want to drive. Chris Colborn, chief experience officer for the Lippincott creative ...
Nationwide Eyes Q4 Rollout for Spire, a Digital Auto Insurance Platform
Nationwide is striking hard against digital insurer upstart competitors with the debut of Spire, a digital auto insurance platform with an eye on millennial customers. Spire rolls out in the 2019 ...
Chamness Retiring From NAMIC CEO Role
The National Association of Mutual Insurance Companies announced that Charles Chamness, the chief executive officer of the organization, is retiring from the post he held for nearly 17 years. The ...
Executives On The Move at AmTrust and BHSI
AmTrust Financial Service's E&S unit launched its new excess casualty underwriting division and has hired a former Everest Reinsurance Division to lead it. An ex-RSA executive will lead Bershire ...