News
Storms With Hurricane Gusts Set to Batter NW Europe, Driving Wind Power Generation
Storms across northwest Europe are set to drive electricity generation from wind farms to records this week in gusty conditions that threaten to disrupt transportation and down power lines. Weather ...
The Latest Launches from Boost, Distinguished, WTW
Boost Insurance, alongside its market partner, Breach Insurance, an InsurTech that provides insurance technology and regulated insurance products for the cryptocurrency market, announced the launch ...
AXA Consortium in Talks to Buy Stake in Orsted’s UK Offshore Wind Farm
Denmark's Orsted A/S is in talks with a consortium that includes AXA SA and a Credit Agricole SA unit to sell a stake in a large wind farm off the east coast of England, according to people familiar ...
The Value of Cybersecurity Frameworks in Insurance
The insurance industry is built on data—sensitive financial, health, and personal data—and must do everything in its power to protect that data from criminals. This requires protecting business ...
InsurTech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate
InsurTech MIC Global has received "in-principle" approval from Lloyd's for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC Global offers end-to-end digital micro insurance products, ...
After Months of Decline, Florida Claims Litigation Rose Sharply in January
Just when insurers saw signs that last year's reform legislation may be having an impact on claims litigation, bad news appeared in the inbox Wednesday. CaseGlide, the maker of litigation management ...
Investment Gains Float Weight of $5.6B Underwriting Loss for U.S. P/C Insurers in Nine Months 2021
An increase in capital gains on investments is largely credited with lifting the after-tax net income of private U.S. property/casualty insurers to $42.1 billion over nine months in 2021 compared to ...
Tech Bytes: New Partnerships at Zendrive, Vitech Systems Group, GeoX
Zendrive, a data and analytics company focused on improving road safety, announced a new partnership with AXA XL, a provider of global commercial insurance and reinsurance to enterprises. Zendrive ...