ILS Insurtech Takes Swift Action in Response to Alleged Fraud After news reports of potential fraud involving letters of credit for reinsurance transactions it was […]
Tag: Insurance
Historic Catastrophe Losses Weigh Down Travelers’ Profit
[per REUTERS]-On Thursday, Travellers Cos. Inc. announced a quarterly profit that was down 98% from the previous year. This was due to strong wind and […]
Unprecedented Increase in US Auto Claim Severity Linked to Pandemic Impact
Recent Report Provides Valuable Insights into Auto Insurance Claims According to a recent analysis published by the Insurance Research Council, the United States had a […]
Evertas Makes Major Move: Acquires Pioneering Crypto Mining Insurer, Bitsure
Evertas, a specialised insurance provider for cryptocurrencies, has recently made the announcement that it will be acquiring Bitsure, a provider of insurance for cryptocurrency mining […]
Property Cat Reinsurance Rates Soar by Up to 35%, According to Aon
Understanding the Impact of Rising Property Cat Reinsurance Rates According to a research that was released on Thursday by Aon PLC, risk-adjusted rate increases for […]
AI and Prescriptive Analytics Revolutionize Industries, Projected to Generate Over $100 Billion in New Premiums: Aon Report
Aon, a broker for insurance and reinsurance, predicts that automated decision-making enabled by artificial intelligence and prescriptive analytics will generate over $100 billion in […]
In a Move Towards Transparency, NFP Debuts Innovative Pricing Tool
Payers Can Now Assess Medical Service Costs with NFP’s Cutting-Edge Evaluation Tool The launch of TPCompare, a tool for pricing and comparative analysis inside healthcare […]
Invest Unveils Insurance Scholarships Program
$30,000 in scholarships awarded to five students Insurance education program Invest has announced that it has awarded $30,000 in scholarships to five students who […]
“Understanding Gen Z’s Expectations for a Career in the Insurance Industry”
“We need to challenge the narrative of the industry,” says executive One CEO said that for the insurance sector to advance, it must shed […]
Insurtech on a mission to plug broker revenue leaks
CEO on why brokers and agents are ‘stronger than ever’ Brokers and agents are losing significant money as a result of labor-intensive accounting procedures […]