Ironshore Environmental has streamlined its Contractors Environmental Legal Liability (CELL) policy to be underwritten by broker partners through its online Quote & Bind Portal. The Ironshore CELL product responds to third party bodily injury, property damage and remediation of environmental …
Online platforms can foster insurance market transparency and reduce both transaction costs and information asymmetries, factors typically associated with increased competition and societal welfare. However, online insurance platforms also give rise to challenges concerning consumer protection and competition that should …
XL Catlin has enhanced its online underwriting platform for design professional brokers to offer capabilities for quick, single-point access to rate, bind and issue professional liability insurance coverage for architects, engineers, and other design professionals. The technology is compatible on …
Commercial lines insurance program administrator Safebuilt Insurance Services, Inc., dba SIS Wholesale Insurance Services, has launched a new online builders risk program available in all 50 states and Washington D.C. SIS’ Builders Risk Program is delivered via its online rating …
Travelers Insurance Co. Ltd. in the UK has launched a new online system that enables UK brokers to receive management liability quotes and bind coverage for their clients in a matter of minutes. Accessed through the My Travelers e-trade platform, …
Tokio Marine Kiln (TMK), the international specialist insurance business, has added construction to its One TMK broker portal. The tailor-made construction insurance product is underwritten through a fully automated process, TMK said, noting the platform provides an efficient way for …
Ant Financial, the finance affiliate of Alibaba Group Holding, and Indonesian media company Elang Mahkota Teknologi (Emtek) are to form a joint venture to offer payment and financial services in Indonesia. The Emtek tie-up is Ant’s fifth international payments deal …
Allianz Insurance, the U.K.-based subsidiary of Allianz SE, has launched a video streaming platform called Allianz Site View, which is designed to enhance its claims proposition by enabling customers to send images, video clips or conduct live video interactions with …
Tokio Marine Kiln (TMK) has added unmanned aerial systems (UAS) insurance to its One TMK digital exchange, which will allow brokers to quote and bind UAS policies online in real time from wherever they are in the world. The product, …
Beazley, a specialist marine insurer, announced that its custom pleasure craft insurance is available to quote and bind via the myBeazley online risk platform. Beazley pleasure craft policies cover a wide range of vessels, from small boats to luxury yachts, …
