Underwriting & Pricing
Lloyds, RMS Say After-the-Fact ‘What Ifs’ Can Help Insurers Prepare for Future Catastrophe Risks
What if history had a different outcome? Lloyd's of London and RMS say that exploring that idea for major catastrophe events (or near misses) of years past could actually help insurers better analyze ...
Tesla, Liberty Mutual Partner on Electric Car Insurance for U.S.
Tesla Inc. is partnering with Liberty Mutual Insurance Co. to offer an auto insurance plan designed specifically for its electric cars in the U.S. The plan made available to U.S. customers starting ...
Channeling Disruption: Why Underwriters Need to Rally Around Small Biz Insurance Brokers
The role of the small business insurance broker is under assault as the rise of InsurTech disrupts the traditional insurance value chain. With more than $5 billion invested in InsurTech startups ...
Product Innovation: How Usage-Based Cover Fills Workers Comp Gap for Rideshare Platforms
It was just three years ago when more than a dozen state insurance chiefs issued strongly worded consumer alerts declaring an insurance coverage gap for passengers in rideshare vehicles. Insurers, ...
Q3 Commercial Lines Rates a Mixed Bag: MarketScout and IVANS
The MarketScout and IVANS commercial insurance market indexes are revealing a mixed bag in terms of rates for the 2017 third quarter. First, the MarketScout composite rate index for commercial ...
Russian Reinsurer Seeks Expansion into China, India, Middle East, Africa
Russian National Reinsurance Company (RNRC) aims to expand into China, India, the Middle East and Africa to increase income from premiums and diversify beyond Russia, the chief executive said. ...
Startup DataCubes Raises $2.5M to Transform Commercial Underwriting With Data Science
DataCubes, a data science platform startup that enables carriers to accurately quote commercial insurance policies by asking customers a few simple questions, has completed a Series A funding round ...
Rating the Cybersecurity Rating Firms: How Accurate Are They?
In just a few years, a growing crop of cybersecurity ratings firms has sprouted to assess the vulnerability of businesses to withstand cyber attacks, scoring them on a scale from good to bad. Key ...