Technology/Science
The Latest Launches From Chubb, Beazley and Willis Towers Watson
Beazley is rolling out new specialist medical professional liability coverage for small healthcare providers. Willis Towers Watson debuted a new plan option for companies that operate in and service ...
Executives On The Move at AmTrust, Ironshore, Everest Re and More
AmTrust hired a former Validus and ACE executive to serve in a key leadership position. Ironshore is bringing on an ex-Swiss Re executive to be head of surety for its Latin American division. A ...
Wide Automation in Underwriting Helps Personal Lines Insurers Most: Celent
Personal lines insurers are most likely to benefit from wide uses of automation in underwriting, a new report has found. "They are more likely to have a homogenous book of business and a standardized ...
‘Airbnb for Cars’ Startup Raises $35M; Allianz Covers Participating Drivers
Drivy, a French startup that lets people hire out their cars in much the same way Airbnb runs a market for houses, said Thursday it raised 31 million euros ($35 million) to fund its continued ...
Executives On The Move at W.R. Berkley and Kemper
Kemper Corp. hired an ex-ACE Group exec as its new chief information officer. W.R. Berkley Corp. brought on three former Chubb executives to flesh out its new high net worth personal lines division. ...
Global Network for Bank Money Transfers Aware of Many Cyber Fraud Incidents
SWIFT, the global financial network that banks use to transfer billions of dollars every day, warned its customers on Monday that it was aware of "a number of recent cyber incidents" where attackers ...
Duperreault Speaks: Hamilton CEO on His New Joint Venture With AIG and Two Sigma
Brian Duperreault began his career at AIG more than 30 years ago and rose through the ranks before moving on to other things. That history arguably came in handy earlier this year, when the chairman ...
AIG, Hamilton, Two Sigma Target Small Commercial Enterprise Market with New Joint Venture
American International Group, Inc., Hamilton Insurance Group, Ltd., and affiliates of Two Sigma Investments, LP plan to jointly develop and launch a technology-enabled, customer-centric insurance ...