News – Page 116
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NewsUnique Digital Infrastructure creates new connectivity in Crop Insurance
This partnership goes far beyond automating acreage and production reporting. Agents and growers will also gain access to Smart Claim, a highly intelligent tool that layers field-centric weather and imagery data with artificial intelligence, to predict the possible strike of disaster across insured acres.
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NewsTravelers’ profit beats estimates on investment gains, fewer claims
Travelers has reported a jump in quarterly profit that beat analysts’ estimates on Thursday, helped by an increase in returns from investments and lower catastrophe claims.
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NewsPolice discover first cannabis farm in London financial district
The City of London Police said 826 cannabis plants were found in a building near the Bank of England.
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NewsAkinovA becomes the first new regulated Insurance Marketplace for 150 Years
Bermuda has both the largest Insurance Linked Securities (ILS) and captive insurance sector globally and boasts one of the world’s largest reinsurance markets.
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NewsBuilding resilience against winter storms
Ensure flood plans are up-to-date and any impact from COVID-19 (eg reduced staffing) is accounted for, urges FM Global
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News72% of risk managers responsible for reputation
As a largely uninsurable risk, risk professionals are seeking metrics to better measure, monitor and manage reputational risk
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NewsOnus is on insurance industry to improve transparency and reduce expectation gap - CII
Expert panel says there are clear business benefits in ‘taking this bull by the horns’
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NewsUK startup Nayms nabs £1.5 million to develop insurance for cryptocurrency
The London-based company wants to insure digital assets “through a collaboration between regulated underwriters/brokers and capital markets,” says CTO Theodore Georgas.
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People & OpinionHamilton hires Clay Rhoades to expand US MGA
He will focus on the further expansion of Hamilton’s US specialty insurance businesses written across its group platforms.
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People & OpinionAon CEO Greg Case named number one on annual list that celebrates businesspeople who are driving inclusion in the workplace
This marks his sixth appearance on the annual list and the first time he has been recognised as the leading ally.
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NewsClimate change to transform renewable risk landscape
Renewable Energy Market Review January 2021 - The energy transition: risks and challenges
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NewsOperational resilience takes centre stage
Why breaking down barriers between risk and business continuity is the key to greater operational resilience
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NewsHurricane risk in 2050
Study assesses the likely impact of climate change on hurricane severity and storm surge over the next 30 years
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NewsUnitedHealth profit slumps as COVID-19 costs mount
Their profits in the fourth quarter was also impacted by a recovery in demand for healthcare services.
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NewsService to measure cyber ‘human error’ risk
The Workforce Cyber Culture Assessment assesses people risk and the impact of business culture in a cyber context
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NewsReuters: Trump’s legacy: A more divided America, a more unsettled world
A major part of his legacy when he departs the White House on Wednesday is likely to be Americans more politically and culturally estranged from each other than they were when he took office.
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NewsCorant Global launches
Corant is the new name for BGC Insurance (BGCI), and will comprise of its broking operations Ed, Besso, Piiq Risk Partners and Junge as well as the group’s MGAs Cooper Gay, Globe Underwriting and Epsilon.
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NewsWEF: Why investment in resilience pays off
“It is always cheaper to build a dam than to pay for the flood” - WEF Global Risks 2021
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NewsFitch: Saudi Insurance M&A Activity Increasing Despite Challenges
The changing regulatory landscape, the increased required minimum capital, and the fragmented market will further drive M&A activity for Saudi Arabian insurance companies, says Fitch Ratings in a new report.
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NewsSCOR to provide life insurance products for people with chronic conditions through new partnership with Bayer and One Drop
This joint effort between SCOR, Bayer and One Drop aims to empower people to proactively manage their health through innovative products and to reduce the risk of life-threatening complications from medical conditions.
