Monthly Archives: <span>July 2020</span>

There’s Still Work to Do Addressing Ethics in Autonomous Vehicles

There’s a fairly large flaw in the way that programmers are currently addressing ethical concerns related to artificial intelligence (AI) and autonomous vehicles (AVs). Namely, existing approaches don’t account for the fact that people might try to use the AVs …

Kristopher Parsons Joins Breckenridge Insurance Services to Grow Aviation Business

Atlanta, GA, July 9, 2020 — Breckenridge Insurance Services is pleased to welcome Kristopher Parsons to the wholesale brokerage and binding firm. Parsons joins the organization as a senior vice president, senior broker with nearly 20 years of insurance experience. …

Patriot Growth Insurance Services Adds 2 Florida Agencies

Patriot Growth Insurance Services, LLC, a nationwide insurance agency, has added two Florida-based independent agencies, Arison Insurance Services, and Ference Insurance (FIA), to the Patriot platform. Arison and FIA each provide a variety of individual and Medicare-related health insurance products …

Atlanta-Based Crawford & Company Taps Kottler as U.S. President of Global Technical Services

Crawford & Company, a publicly listed independent provider of claims management and outsourcing options to carriers, brokers and corporates, has appointed Paul Kottler as president of Global Technical Services (GTS) U.S. Effective July 8, Kottler assumed the role following the …

Canadian Insurtech MGA Foxquilt Raises Seed Funding to Develop Small-Biz Platform

A Canadian insurtech focused on small business insurance said it raised $3.5 million in seed financing. Foxquilt, a Toronto-based MGA startup, said the funding will help it become a full-service insurance provider with a self-serve platform. This will enable customers …

Kovrr Develops Open Framework for Measuring Catastrophic Cyber Risk

Kovrr, a cyber risk modeling company, announced it has developed an easy-to-use open framework to measure and understand catastrophic cyber risk exposure. The CRA-Zones™ framework defines the minimal elements needed to provide a view of cyber risk aggregations, allows for …

AXA Investment Managers Sets 33% Gender Diversity Target on Company Boards

AXA Investment Managers will set a 33% target for gender diversity on listed company boards in developed markets and may vote against companies which fail to meet this mark. The asset management unit of French insurer AXA said on Wednesday …

Biggest Uncertainty for UK Insurers Remains Around Business Interruption Claims: BoE

The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing policies cover big losses caused by …

Supreme Court Supports Employers’ Religious Rights in Contraception, Teacher Employment

The U.S. Supreme Court struck two blows for religious rights, including a decision that upholds Trump administration rules giving employers a broad right to refuse to offer birth control through their health plans. The justices also gave religious organizations a …

Litigation Funding Firm’s Profit Outlook Brightens on Coronavirus Disputes

Analysts have rapidly lifted their earnings forecasts for a global litigation financier on expectations that the pandemic could spark more legal disputes. Forward consensus earnings estimates for Sydney-listed Omni Bridgeway Ltd. have more than doubled since the start of the …