All News articles – Page 5
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NewsTractable chosen as US-based insurtech’s AI partner
US insurtech Root Insurance has chosen artificial intelligence (AI) company Tractable to help it streamline and develop its claims operations.
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NewsSwiss Re appoints new Group Chief Digital & Technology Officer
Swiss Re announced today the appointment of Pravina Ladva as Group Chief Digital & Technology Officer and member of the Group Executive Committee, effective 1 January 2022. Group Chief Operating Officer Anette Bronder will leave the company, and Group Operations will be reorganised.
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NewsSpecialist Risk Group launches new MGA
Specialist Risk Group (SRG) has today (14 December 2021) launched a new MGA, MX Underwriting, fulfilling “a major goal” within SRG’s growth plans.
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NewsInsurance industry warned ‘Great Resignation’ will test management’s mettle
Brokers and underwriters are locked in a battle to retain and recruit new talent as the insurance industry braces for what has been termed the ‘Great Resignation’.
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NewsCryptocurrency holds innovation opportunity for insurance industry
Having access to the right insurance product is critical to the “safe and healthy growth” of cryptocurrency - therefore, bridging the gap between financial innovators and the insurance industry is crucial.
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NewsSurging M&A leads to record claim notifications - Howden
Surging mergers and acquisitions (M&A) across the globe has led to a rise in claim notifications, according to broking organisation Howden.
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NewsLuisa Barile: Bought By Many set to rival Lemonade as it takes on US market and pet health
The insurtech is now live in 28 states in the US and aims to become a nationwide provider for pet insurance and wellness
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NewsRenewal rules require brokers to re-examine proposition and go ‘back to the future’
The motor market is ‘a perfect storm’ ahead of the FCA’s pricing rules coming into effect – brokers will need to focus on ‘agility’ and ‘be service-related’ if they are to succeed post-January
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NewsMiddle East oil giant backs Ardonagh in multibillion valuation
Middle East oil giant Abu Dhabi Investment Authority (ADIA) has backed Ardonagh with fresh investment, giving the firm an enterprise value of $7.5bn (£5.6bn)
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NewsAon appoints UK chief broking officer for commercial risk from WTW
Broker and professional services firm Aon has appointed former Willis Towers Watson (WTW) staffer Angela James in the newly created role of chief broking officer for commercial risk in the UK, effective from June 2022.
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NewsAllianz Global Corporate and Specialty appoints chief underwriting officer for corporate
Allianz Global Corporate and Specialty SE (AGCS), part of the Allianz Group, has appointed Shanil Williams as its new chief underwriting officer for corporate, effective from 1 January 2022 and subject to regulatory approval.
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NewsLloyd’s to get tough on culture in 2022 amid warning to managing agents
Lloyd’s of London said it will clamp down on syndicates and managing agents that are not delivering on diversity and inclusion (D&I).
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NewsInsurers and brokers have a key role to play helping SMEs in 2022 – RSA
Rob Flynn, UK SME director at RSA Insurance, highlights the key roles insurers and brokers have in supporting small businesses in 2022
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NewsInsurers set to become ‘lifestyle partners’ for customers in 2022 - Capgemini
Agility and the ability to collaborate will be key to creating successful insurers of the future, according to a new report by technology firm Capgemini, published this month (December 2021).
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NewsAPAC faces heightened geopolitical risk
The Asia Pacific region will probably be the most geopolitically charged region going into 2022, warns Dragonfly
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NewsSwiss Re agrees to sell elipsLife to Swiss Life International and to enter into a long-term partnership supported by reinsurance
Swiss Re announced today that it has agreed to sell its life insurance subsidiary Elips Life AG (“elipsLife“) to Swiss Life International and to enter into a long-term reinsurance partnership for elipsLife’s in-force and new business.
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NewsOmicron variant hits business sentiment
Half of the respondents report that their business is currently being affected by the supply-chain crisis - Oxford Economics
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NewsKay International AMEA expands its operations to US to serve Latin America & Caribbean region
Kay International AMEA LLC has initiated business activities from its new office in Miami, Florida, after receiving its regulatory approval from the Florida Department of Financial Services to operate as a Reinsurance Underwriting Agency and Reinsurance Intermediary.
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NewsCyber captives to take off in 2022
As the cyber market continues to harden, buyers will seek alternative risk transfer solutions, predicts New Dawn Risk
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NewsCyber: Time for zero trust
The corporate world’s approach to cyber security is undergoing a complete rethink, explains ethical hacker Rik Ferguson
