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Insurers embrace insurtech challenge
Insurance
The insurance sector is accepting that disruptive technologies will transform the way the industry has been operating over the past decades. As a consequence, traditional insurers have decided that the only way to avoid a shrinking business is to take action and get involved with the thriving insurtech start-up industry through cooperation and M&A.   20 June 2017
Insurance
Talanx is investing in and cooperating with start-ups in order to drive digitisation and enable profitable growth.   20 June 2017
Insurance
More than 1,000 firefighters are battling Portugal's deadliest forest blaze after it killed at least 62 people over the weekend, Reuters reported on June 19.   19 June 2017
Insurance
In his first speech as Lloyd’s new chairman, Bruce Carnegie-Brown said the insurance industry must do more to change and innovate or run the risk of being disrupted by external players.   16 June 2017
Insurance
Insurers are preparing for a surge in demand for cyber cover in personal lines as the awareness of the risk grows in the population and cybercrime cases jump.   16 June 2017
Insurance
A dramatic surge in cybercrime and an increasing awareness of the risk among the population has reassured the industry that cyber insurance will develop into an important area in personal lines insurance.   15 June 2017
Insurance
Mapfre Global Risks, the unit of global insurance firm Mapfre that specialises in providing insurance solutions for multinationals, is planning to grow internationally through a mixture of setting-up new units and building upon existing branches.   15 June 2017
Insurance
Germany-based insurance broker for the maritime industry Junge & Co, a fully owned subsidiary of Ed Broking Group, has appointed Olaf Fölsch as CEO.   15 June 2017
Insurance
The maritime industry saw the number of total shipping losses decline by 16 percent year-on-year in 2016 to 85 cases, according to the Safety and Shipping Review 2017 by Allianz.   15 June 2017
Insurance
Major Swiss insurer Zurich is working with accelerator Startupbootcamp to influence the strategy of insurtech, group head of business transformation Antony Elliott told Intelligent Insurer.   14 June 2017

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