Industry News
Beazley Unveils Digital Insurance Weather Policy That Relies on ‘Plain English’
Specialist insurer Beazley launched a digital insurance policy in the U.S. that can be customized and describes in plain English precisely what coverage the customer has bought. Beazley Weather Guard ...
With $3.6B in Global Cat Bond Issuance for Q1, Another Record Is Broken
Global catastrophe bond issuance broke a first-quarter record, come in at nearly $3.6 billion for Q1 2018 as the market expanded into new areas, Aon Securities said in its latest report. The $3.58 ...
Innovators Putting Italy on the InsurTech Carrier Map
A former carrier executive, a strategy consultant in the InsurTech space and a banking expert are teaming up to launch the first InsurTech carrier of the Italian market. Andrea Battista, the former ...
The Latest Launches From Allianz and Liberty Mutual
Allianz Global Corporate & Specialty plans to start offering drone-safety products to insureds to help them manage drone-related risks, by way of a partnership with an Israeli company. Liberty ...
A ‘Cliff-Edge’ Brexit Will Lead to UK/EU Banking Regulatory Team Up
The Bank of England and European Central Bank will create a task force to keep markets orderly in the event of a "cliff edge" Brexit next March. The European Commission and Britain's finance ministry ...
Swiss Re Plans Standalone E&S Arm in North America
Swiss Re Corporate Solutions will debut a standalone excess and surplus (E&S) business unit in North America. This unit will include Swiss Re's traditional E&S property and E&S casualty ...
Carriers, Calif. Commissioner Battle Over Wildfire Bills
California Insurance Commissioner Dave Jones appears to be poised for a fight with the insurance industry over a legislative package supporters say will protect survivors of wildfires that struck ...
U.S. Customers Not Widely Aware of InsurTechs Just Yet: J.D. Power
InsurTechs may be trying to transform how carriers, brokers and agents do business, but customers aren't widely aware of their existence just yet, J.D. Power has determined. J.D. Power's 2018 U.S. ...