Industry News
Munich Re, Aviva Ventures Invest in UK Connected Home InsurTech Neos
Neos, a UK connected home insurer, announced last week that it has secured a £5 million (roughly $6.4 million) series A investment led by Aviva Ventures together with strategic partner Munich Re. ...
A Reassuring Message About the Transition to Driverless Cars
The advance of driverless cars and the prospect that they will disrupt property/casualty insurance and change the way autos are insured has created plenty of industry anxiety. Even before that point, ...
House National Flood Insurance Program Revamp Calls for 5-Year Renewal
A much-anticipated House subcommittee proposal on flood insurance promises to reauthorize the National Flood Insurance Program (NFIP) for five years beyond its September 30 expiration date. The ...
Eastern European Nations Push for Soft Brexit Deal
Eastern members of the European Union are pushing for a soft separation with Britain, hoping that this would protect the rights of millions of east Europeans living and working there. Top policy ...
Allstate Boosting Its Sales Force in Washington, Oregon
Allstate Insurance Co. is boosting its sales force in Washington and Oregon to keep pace with growing consumer demand for insurance and financial products and services in those states. Allstate is ...
Zurich’s North America Commercial Insurance Arm Revamped to Include Specialty Products
Zurich North America's streamlining continues with another new change. The insurer's Specialty Products business is being brought together with its North America Commercial Insurance arm. Zurich, in ...
Three Lloyd’s Insurers Form Asia Political Risk Consortium
Three Lloyd's insurers have joined forces to form a Political Risk Consortium in Asia, offering increased capacity for a wide range of political and contract frustration risks. Beazley, Chaucer and ...
Executives On The Move at The Hartford, QBE and XL Catlin
The Hartford appointed a new chief operating officer for its property/casualty business. QBE is getting a new group chief financial officer. XL Catlin promoted someone to be chief underwriting ...