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The Medellín project is part of the Tripartite Agreement launched in 2019 as part of the UN’s Climate Action Summit.   17 May 2021
Specialist Risk Group swipes head of M&A from PWC
Insurance
The announcement follows a busy start to 2021 which has included five acquisitions.   17 May 2021
Technology
Underwriting application programming interfaces (APIs) make it possible to close and remarket much more business than before, aiding customer retention and helping carriers and brokers triage and boost volumes together. This is never more important than in today’s hardening market.   17 May 2021
Insurance
New datasets allow us to more directly measure exposure—so why aren’t we making more of them? It would make sense to think for example that the size of foot traffic in a location would correlate to the venue’s risk exposure, yet surprisingly, this isn’t the case. Instead, we rely on the amount of money that passes via the cashier. Insurers can make much more of new datasets to transform their general liability underwriting, improve loss projections and price accurately, transforming the profitability of their portfolio.   17 May 2021
Technology
Middle-market underwriting has the potential to deliver strong returns for brokers, carriers and agents but it can often be encapsulated by archaic processes and inherent inefficiencies, brought about by years of established processes that have somehow failed to evolve.   17 May 2021
Insurance
The incoming chair replaces Michael Fosbury of Columbian Mutual Life Insurance Company, who retains a seat on the board.   14 May 2021
Insurance
Created in partnership with Markel Specialty, the programme is geared towards gig economy contractors.   14 May 2021
Insurance
The company made a profit compared to a loss in the same quarter last year.   14 May 2021
Insurance
As the cyber insurance market matures, it will need both standardisation and innovation to sustain its growth. But even those things won’t necessarily protect the market from some difficult times as the market develops.   14 May 2021
Insurance
As the world marches towards an increasingly interconnected future, cyber will become one of the biggest risks that companies will need to manage—and insurers will need to qualify, price and underwrite. This will mean a fundamental shifting of the portfolio mix for most insurers.   14 May 2021

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