Re/Insurers Need a Data Strategy to Build Underwriting Transformation Programs October 20, 2021 By Sachin Kulkarni Years of low interest rates and burgeoning catastrophe losses have accelerated the hardening of the reinsurance market, as the January...
Banks Demanding Stricter Environmental Criteria When Financing Shipping Companies October 20, 2021 By Jonathan Saul Banks are demanding much stricter environmental criteria when financing shipping companies as investor pressure grows on the sector to accelerate...
People Moves: Sayata, Willis Towers Name New SE Directors October 20, 2021 The insurtech Sayata, which provides software for the quote-bind-issue process for brokers and carriers, announced Lisa Sanders will serve as...
Georgia Regulators Can’t Track Overdue Elevator Inspections October 20, 2021 Elevators across Georgia may be long overdue for safety inspections, but regulators have no way to know, thanks to a...
Investment Company JAB to Acquire Majority Stake in UK Pet Insurer, Cardif Pinnacle October 20, 2021 Global investment company JAB Holding Co. is acquiring a majority stake in UK pet insurer, Cardif Pinnacle. Cardif Pinnacle’s current...
Coverys Launches European Casualty MGA, AEC Europe October 20, 2021 Coverys European Holdings (CEH), a leading underwriting vehicle that invests in speciality managing general agencies in Europe and the UK,...
Lockton Launches Silent Cyber Property Solution for Businesses October 20, 2021 Lockton, the privately-owned independent insurance broker, has launched its Silent Cyber Property Solution, a standalone policy that covers businesses against...
BHSI Creates Global Network Across 170 Countries to Raise Multinational Capabilities October 20, 2021 Berkshire Hathaway Specialty Insurance (BHSI) announced it has expanded its global network to encompass owned offices and network partners that...
Tokio Sues Warehouse; Says Pellets Improperly Stored, Causing Fire October 20, 2021 Tokio Marine American Insurance has filed a lawsuit against the owners of a Georgia warehouse, where 50,000 tons of wood...
3M Offers $98M to Settle Tennessee River ‘Forever’ Chemicals Claims October 20, 2021 By Sebastien Malo Industrial conglomerate 3M Co on Tuesday said it had agreed to pay about $98.4 million to settle claims that it...