BI Innovation Coming Soon: Low-Limit Policies from Insurtech Thimble March 11, 2021 By L.S. Howard See a need and then fill it. That’s the secret of most successful businesses—and that was the driving motivator of...
MGA New Paradigm Aims to Bridge the Natural Catastrophe Protection Gap September 29, 2020 By L.S. Howard Evan Glassman saw a gap in the property insurance market—literally. Glassman, working as a retail producer in south Florida for...
First Insurance Company of Hawaii Launches Admitted Parametric Product July 29, 2020 First Insurance Company of Hawaii (FICOH) has launched a parametric product for Hawaii homeowners and renters. The FirstTrack product provides...
Another Specialty Broker Begins Selling Pandemic Insurance Coverage July 28, 2020 By Don Jergler A Newport Beach, Calif.-based specialty broker believes that now is the best time to start offering pandemic insurance. Elite Risk...
Generali and Insurtech Descartes Underwriting to Develop Parametric Insurance Cover May 15, 2020 Generali’s P&C unit Global Corporate & Commercial (GC&C) and insurtech company Descartes Underwriting have formed a strategic partnership to develop...
This Insurance Would Have Helped in Coronavirus Crisis But Nobody Bought It April 3, 2020 By Russ Banham Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay...
Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations March 3, 2020 By Noor Zainab Hussain and Carolyn Cohn Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies...
Lloyd’s 1st Syndicate-in-a-Box, Operated by Munich Re, Aims to Be an Innovation Lab February 4, 2020 By L.S. Howard Lloyd’s of London is expecting big things for 2020 as it rolls out the key initiatives for its massive modernization...
Parametric Insurance Fills Gaps Where Traditional Insurance Falls Short January 9, 2020 By Daniel Brettler and Timothy Gosnear Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate...
FEMA Envisions High-Tech Flood Insurance Program Using Parametrics, Blockchain November 26, 2019 By Jim Sams Blockchain technology and parametric insurance should be included in the Federal Emergency Management Agency’s toolbox as it strives to close...