International
EU Asks Several Aon Rivals Which One Should Buy Assets in Aon-Willis M&A Deal
EU antitrust regulators are asking Aon rivals and customers who is the best buyer for assets the insurance broker has offered to sell to address competition concerns about its $30 billion Willis ...
Insurance Fraud Bureau, Shift Technology to Develop AI-Based Fraud Detection System
The Insurance Fraud Bureau and Shift Technology will partner on developing a new fraud detection system for the UK insurance sector. Expectations are that the new platform will be in play by early ...
American Family Spinout Arturo Raises $25M to Expand AI-Driven Predictive Analytics Platform
American Family Insurance spinout Arturo pulled in $25 million in venture financing – a big boost to the company's AI-driven, property-centric predictive analytics platform. "A deeper property ...
Europe’s Digital Health Pass Plans Confront Data Security and Fraud Risks
As Europe races to set up a digital health pass scheme to save the holiday season from the pandemic, technical and political obstacles are showing just how big a challenge the world faces in building ...
Facial Recognition Tech Should Be Banned: EU Privacy Watchdog
Facial recognition should be banned in Europe because of its "deep and non-democratic intrusion" into people's private lives, EU privacy watchdog the European Data Protection Supervisor (EDPS) said ...
Business Travelers Eager to Fly Again, With Focus on Extra Precautions: Chubb Survey
Business travelers are itching to travel again for work and life, but most remain concerned at the same time about contracting COVID-19 and favor extra precautions, according to a new global survey ...
Fake Coal Dumped in Front of Lloyd’s HQ in Climate Change Protest
Lloyd's of London was the focus of climate change activists on Friday, when a group called "Insurance Rebellion" used a dump truck to deposit a large pile of fake coal in front of the Lloyd's ...
Top D&O Risks Include Cyber Attacks and Data Loss: WTW Survey
Cyber attacks and data loss are the top two risks facing directors & officers, with pandemic-related changes in working practices heightening these concerns, according to a global survey from ...
Insurer Representing Grounded Suez Ship Appeals Detention by Egypt