Underwriting & Pricing
How to Thrive in the New Age of Underwriting
We are in the midst of a new age of underwriting—an age driven by technology. And the technology-driven era is not only changing the way underwriters work, but it is also transforming the ...
A.M. Best Maintains Negative Outlook For U.S. P/C Commercial Lines
Rating agency A.M. Best said it is maintaining its negative outlook on the commercial lines segment of the U.S. property/casualty (P/C) industry, despite relatively solid aggregate results over the ...
Industry On Track for Third Straight Underwriting Profit; 2016 a Closer Call
The property/casualty insurance industry will report an underwriting profit for the third consecutive year in 2015—a streak unmatched since the early 1970s, according to analysts at Fitch Ratings, ...
OneBeacon Offers Enhanced Cyber Liability Coverage for IT Risks
OneBeacon Technology Insurance has introduced a modular technology professional liability product for cybersecurity and communication liability exposures. Information Technology Solutions—Complete ...
Peer-to-Peer Insurance Startup Attracts Funding from Silicon Valley’s Sequoia Capital
Sequoia Capital, a California venture firm better known for funding technology or industry game-changers including Apple, Cisco and YouTube, has put its money behind a property/casualty insurance ...
A Little Surety History: Zurich NA Marks 125th Anniversary
Maryland Gov. Larry Hogan honored Zurich North America last month by presenting a proclamation to commemorate the 125th Anniversary of Zurich Surety. Al Redmer, Jr., the insurance commissioner of ...
10 Straight Qtrs. of Commercial Rate Drops; Cyber Only Up Line: Marsh
Cyber insurance stood out in the third quarter as the only line for which insurers saw consistent and large rate increases, which averaged more than 15 percent in the United States, according to the ...
Actuaries vs. Underwriters: Can Analytics Bring Them Together?
It's bad enough that property/casualty insurance companies are trying to fend off competitors in their own industry—and potential disrupters from outside—both vying to steal good risks away at ...