Industry News
Ortega Becomes New Head of Chubb’s Overseas General Insurance Division
Chubb promoted one of its executives to a key position within its General Insurance division. Juan Luis Ortega has been named president, Overseas General Insurance and he will also have the title of ...
11 InsurTech Startups Join Lloyd’s Innovation Accelerator Program
Eleven new InsurTech startups are joining Lloyd's of London's innovation accelerator program. More than 130 applications came in from across the world for the third cohort of the Lloyd's Lab, its ...
Swiss Re Hit With Ethiopian Airlines, MAX and Natural Catastrophe Claims
Swiss Re's first-half net profit fell 5.3 percent, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll. ...
Aviva Considers Possible Sale of Asian Unit as Overhaul Continues
Aviva Plc is considering options for its Asian business including a possible divestment of the unit as its new chief executive officer seeks to overhaul the British insurer, people familiar with the ...
Executives On The Move at Chubb and CLARA Analytics
Chubb made two executive leadership appointments involving its Asia Pacific business. CLARA Analytics, an InsurTech that markets artificial intelligence technology for the commercial insurance ...
The Latest Launches From MGAguard and Sompo International Holdings Ltd.
A division of Sompo International Holdings Ltd formed a partnership that allows it to offer its insurance products and services to golf courses and country clubs. A new technology-enabled MGA ...
Insurers Urged to Show Caution When They Pursue Recovery of Paradigm Fees
Paradigm Catastrophic Care Management offers what insurers crave: certainty in medical costs for workers compensation claims filed by catastrophically injured workers. For a set fee, the California ...
Insurers Propose Their Own Plan for PG&E Bankruptcy Reorganization
Insurance companies contending that Pacific Gas & Electric owes them more than $20 billion from wildfire claims want to take over the California utility and pull it out of bankruptcy. The ...