Industry News
Proud To Work In Insurance: Introducing ‘Insurance Flipsides’
Have you ever been asked what you do for a living and found yourself hesitating to answer? Perhaps you bravely declare your line of work and get reactions ranging from general apathy, to eye rolls, ...
Artificial Intelligence Takes On Policy Form Development
Artificial intelligence (AI), which has made its mark in insurance in efforts to automate underwriting, rating, and claims adjusting, is now being deployed to read, categorize, and even modify the ...
Munich Re Repurposes Bermuda Operation
Munch Reinsurance Co. has repurposed a Bermuda unit that was authorized for property/casualty business into a reinsurer for its U.S. life reinsurance business. The unit, Munich Re Bermuda, was ...
Executives On The Move at Erie Insurance, RLI Corp. and JLT Specialty USA
Erie Insurance promoted one of its veteran employees to an executive leadership role. RLI Corp. named one of its veteran executives as its new Chief Claim Officer. JLT Specialty USA appointed someone ...
A Leader Who Communicates Clearly Keeps Everyone Focused on the Mission
A successful leader knows how to communicate clearly to enable his or her team to get the job done. That's one of several core competencies identified in the Center for Creative Leadership's survey ...
Chubb Boosts Broker Interactions in UK and Ireland
Chubb said it has completed the creation of six teams to focus on working with independent brokers across the UK and Ireland. The new Chubb teams are in London, Leeds, Manchester, Birmingham, Glasgow ...
XL Catlin, Nature Conservancy Will Invest in Coastal Wetlands to Mitigate Storm Damages
When Hurricane Sandy hit the U.S. East Coast in October 2012, its 80-mile-per-hour winds and the resulting flooding did about $71 billion in damage. After the storm, researchers found that natural ...
Beware of New Capacity Even as Cyber Insurance Market Soars: Fitch Ratings
The cyber insurance market continues to display both tremendous growth and enormous opportunity for the U.S. property/casualty insurance industry as demand continues to soar, according to a new Fitch ...