News
Automated Rate Filings Put Root Ahead of Auto Insurance Competitors: CEO
At a time when auto insurers react to inflation shocks by filing rate increases at a frenetic pace, an InsurTech CEO says automation of the activity is speeding his company's actuarial rate ...
Gallagher Re Launches Academic Research Center
Gallagher Re, the global reinsurance broker, announced the launch of the Gallagher Research Centre (GRC). Housed within Gallagher Re's Global Analytics & Advisory center of excellence and led by ...
As the insurance market continues to stabilize, the next phase of the market will reward independent agencies that can respond...
Executives on the Move at Liberty Mutual, Everest Reinsurance, SCOR
Liberty Mutual Insurance announced appointments to two newly created roles in its Global Risk Solutions (GRS) Office of Underwriting. Effective Sept. 26, Julia Chu will join as head of Underwriting ...
MS Amlin AG to Rebrand as ‘MS Reinsurance’
MS Amlin AG announced it would rebrand this month to MS Reinsurance, which reflects parent company MS&AD's commitment to building a leading, globally diversified reinsurer. The company said that ...
Autonomous Cars May Always Need Remote Human Supervisors, Experts Say
Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry executives and experts say remote human supervisors may be ...
Reshoring to Generate $30B in Commercial P/C Premiums by 2026: Swiss Re
Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: "Maintaining resilience: the ...
Carriers Know What’s Coming: Higher Reinsurance Prices in 2023
Primary insurers surveyed by a Moody's Investors Service expect to pay more for both property and casualty reinsurance in 2023, but those willing to pay up for higher amounts of cover will likely ...
First Aerial Delivery Drone Granted Design Approval by FAA
Aviation regulators approved designs for the first flying drone built specifically for shipping packages, a major step forward for the fledgling remote delivery industry. Matternet Inc.'s Model M2, a ...