Driver Privacy at Risk when Telematics Data Stored in the Cloud: Researchers April 10, 2017 Drivers’ private information can be compromised when stored in the cloud for usage-based insurance (UBI) programs, according to researchers. Using...
Insurtech Microinsurance Specialist, BIMA, Gets $16.8M Investment April 10, 2017 BIMA, the insurtech firm that offers microinsurance in emerging markets, announced the close of an investment of US$16.8 million by...
Chairman of China’s Insurance Regulator Investigated for ‘Severe’ Violations April 10, 2017 China’s anti-graft agency is probing the nation’s top insurance official Xiang Junbo as the government steps up a bid to...
Miller Taps Gallagher’s Maule as Senior Trade Credit & Political Risks Broker April 7, 2017 Miller has hired David Maule in a business production and senior broking role, which the London-based broker said will add...
UK MGA Plum Launches High Net Worth Home Cyber Cover April 7, 2017 Plum Underwriting, the London-based specialist home insurance managing general agent, announced the launch of cyber and data risks cover embedded...
Trade Credit Insurers Paid UK Claims of $4.9M Each Week in 2016: ABI April 7, 2017 Trade credit insurers paid claims to UK businesses in 2016, amounting to more than £4 million ($4.9 million) a week,...
S&P Raises Ratings for Belgian Aviation Insurer Aviabel After AXIS Acquisition April 7, 2017 S&P Global Ratings has raised its long-term counterparty credit and financial strength ratings on Aviabel Cie. Belge d’Assurances Aviation to...
U.S. Weather in March to Cost Insurers More than $2 Billion: Aon April 7, 2017 Four severe weather outbreaks in the U.S. throughout March led to extensive damage in the central and eastern parts of...
April 1 Renewals Saw ‘Disciplined Softening’ with Ample Capacity: Aon & Willis Re April 7, 2017 By L.S. Howard With abundant capacity, aggressive capital market competition and acceptable returns for global reinsurers, it’s no wonder that the elusive bottom...
RMS Expands Range of ‘Cyber-Physical’ Models for Property Insurers April 6, 2017 RMS, the Newark, Calif.-based risk modeling and analytics firm, announced the expansion of its range of cyber models to include...