Underwriting & Pricing
Ultra-High-Value Clients Require Customized Coverage, Enhanced Service
Carriers pursuing ultra-high-value clients must be willing to enhance customer service and customize workflows to fulfill the unique needs of this complex segment, according to a new brief from ...
UK Insurers RSA, Aviva Shake off Brexit Fallout With Higher Profits
Insurers Aviva Plc and RSA Insurance Group Plc shrugged off any fallout from the Brexit referendum by reporting higher first-half profit and increasing shareholder payouts. The shares rallied in ...
Guidewire Software Grabbing FirstBest for $34M in Commercial Risk Biz Expansion
California's Guidewire Software plans to snatch up FirstBest Systems for $34 million in cash, a deal it said will boost its capacity to serve property/casualty insurers focused on complex commercial ...
Growth Move: Watford Specialty Snags National Assets of Admitted Carrier
Watford Specialty Insurance Company, a division of Watford Re, has acquired a once-dormant insurer with admitted insurance licenses across the country. Financial terms aren't being disclosed. The ...
Sciemus’ Move Into Specialty Underwriting: A Case of ‘Adapt and Thrive’
It was a case of adapt and thrive when modeling and analytics company Sciemus made a big strategic leap this year into underwriting space, power, mining, renewable energy and cyber—as a managing ...
Coverage Innovation: Why and How Ironshore Developed a Cyber Warning Endorsement
Computer Hacks. In 60 percent of cases, attackers are able to compromise an organization within minutes, according to the Verizon 2015 Data Breach Investigations Report. Data Loss.Forty-three percent ...
Everest Re Will Unload U.S. Crop Insurance Subsidiary, Provide Reinsurance Cover
Everest Re Group, Ltd. plans to sell its U.S. crop insurance subsidiary, but still keep a hand in the business through reinsurance. The deal, announced July 25, calls for CGB Diversified Services ...
Why Asian-Americans Could Be Ideal Insurance Customers
For an industry known to flood households nationwide with blaring messages of money saving techniques, the insurance category certainly feels comfortable loosening its own purse strings. Ponying up a ...