AIG Executives Outline Path to Underwriting Profit in 2019 November 2, 2018 By Andrew G. Simpson “We do see it coming. We expect that in 2019 we’re going to be in an underwriting profit position, not...
Insurtech Profile: Snapsheet’s Evolution in Making Virtual Claims Service a Reality November 1, 2018 By Andrew G. Simpson Tech-driven virtual claims services company Snapsheet started out as a service for body shops called Body Shop Bids before pivoting...
RenaissanceRe to Acquire Tokio Millennium Re in $1.5 Billion Deal October 30, 2018 By Andrew G. Simpson Bermuda-based RenaissanceRe Holdings has agreed to pay about $1.5 billion to acquire Tokio Marine’s reinsurance platform (TMR), which includes Tokio...
Insurtech Profile: Openly’s ‘Sophisticated’ Digital Experience for Independent Agents October 26, 2018 By Andrew G. Simpson Keep an eye out for Openly, a new digitally-sophisticated upmarket homeowners insurer catering to independent agents. According to Ty Harris,...
The Man Behind the InsureTech Connect Conference Phenomenon October 23, 2018 By Andrew G. Simpson The 2018 InsureTech Connect (ITC) conference is history. In its short three-year life, the ITC affair has grown from 1,500...
Honeywell Facing SEC Probe Over Asbestos Liabilities Reporting October 23, 2018 By Andrew G. Simpson Honeywell International Inc. said on Friday the U.S. Securities and Exchange Commission had opened an investigation into its accounting for...
Verisk Product Scores Properties on Flood Risk; Could Replace Outdated Flood Maps October 23, 2018 By Andrew G. Simpson Data analytics firm Verisk is touting the launch of WaterLine, an underwriting tool that scores flood risk for all properties...
Insurtech Profile: Kordinator Adds Empathy to Automated Customer Service October 22, 2018 By Andrew G. Simpson Automated customer service is a fact of life. In fact, many people are more comfortable sharing personal details with a...
To Insure Cyber or Not to Insure Cyber: Cautions and Caveats for Carriers October 22, 2018 By Andrew G. Simpson While there are some issues with the data, virtually every report shows the cyber insurance market growing. Aon Benfield had...
15 Emerging Risks from Policies to Playgrounds, Sandboxes to Scooters October 18, 2018 By Andrew G. Simpson When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their...