Verisk to Acquire Swedish Claims Insurtech Mavera December 22, 2022 Verisk, the global data analytics provider, has entered into an agreement to acquire Mavera, a Sweden-based insurtech firm that operates...
Verisk: Up to $57B Insured Losses from Hurricane Ian October 3, 2022 By Chad Hemenway Insured losses from Hurricane Ian to onshore property will be between $42 billion and $57 billion, with much of the...
Insurers Should Be Ready for Global Average Disaster Losses of $123 Billion: Verisk September 29, 2022 The global insurance industry should be prepared for insured losses from natural catastrophes well in excess of $100 billion every...
Louisiana Insurance Guaranty Association Tabs Verisk for Streamline Claims Handling August 4, 2022 The Louisiana Insurance Guaranty Association (LIGA) announced it is is streamlining its handling of claims for policyholders of insolvent insurers...
Texas Department of Workers’ Comp Adopts Claim Electronic Data Interchange August 2, 2022 The Texas Department of Insurance, Division of Workers’ Compensation (DWC) adopted the Texas claim EDI release 3.1.4 standard on March...
People Moves: Mann New Verisk CFO; Furlong SVP at Acrisure Re; NFP Hires Michaelson to Energy Practice July 27, 2022 Verisk Names Elizabeth Mann Chief Financial Officer Elizabeth Mann has been named executive vice president and chief financial officer for...
People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia July 1, 2022 This edition of International People Moves details appointments at Verisk and Munich Re. A summary of these new hires follows...
People Moves: Mourad Named President of Verisk Claims; Marsh’s Evans Joins Risk Strategies Entertainment; Roamly Hires Root, Good Sam Execs June 6, 2022 Verisk Names Mourad President of Claims Insurance data analytics firm Verisk announced that Maroun Mourad will begin serving as president,...
Insurance Technology: Flood Data From Arturo and ICEYE; Weather Intelligence From Verisk; Home Valuations from CAPE Analytics June 2, 2022 Arturo and ICEYE Offer Near Real-Time Flood, Property Damage Insights Property analytics firm Arturo and sensor data provider ICEYE hope...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion May 26, 2022 Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...