Articles

Insurance

Verisk Analytics ordered to pay $125m for infringing patents and told to stop selling some products

Verisk Analytics, a major supplier of products to the insurance industry, has been stopped from selling some of its products in the United States and ordered to pay $125 million by a court, which said the company had willfully infringed patents.   27 September 2019

Insurance

AM Best changes ProAssurance outlook over 'negative trend' in operating performance

Ratings agency AM Best has revised the outlook of specialty insurance company ProAssurance Corporation to negative from stable, expressing concern over its operating performance in recent years.   27 September 2019

Insurance

AXA XL’s New Energy Risk plans business expansion with strategic hires

New Energy Risk, an affiliate of global insurer AXA XL, has made several key hires and promotions to drive its future growth strategy as the company plans expansion into new technology sectors.   27 September 2019

Insurance

AXA overtakes AIG to lead US D&O, which sees double-digit rate increases

AXA has overtaken AIG in the United States directors and officers (D&O) liability market, a sector that has seen double-digit rate increases in the past year.   27 September 2019

Insurance

Willis Towers Watson appoints Joe Peiser to lead global broking strategy

Broker Willis Towers Watson has appointed Joe Peiser as global head of Broking within its corporate risk and broking segment.   27 September 2019

Insurance

The Hartford names Deepa Soni as new chief information officer

US-based property/casualty insurer The Hartford has appointed Deepa Soni as new chief information officer (CIO), succeeding Mark Esposito, who is retiring after a 13-year career with the company.   27 September 2019

Insurance

Insurtech Arceo.ai raises $37m funding to expand cyber insurance coverage

San Francisco-based insurtech Arceo.ai, a provider of cyber resilience solutions, has secured $37 million funding led by Lightspeed Venture Partners and Founders Fund with participation from CRV and UL Ventures.   26 September 2019

Insurance

Satellite technology helps Lloyd’s speed up claims process for nat cat: McKenzie

Satellite imagery technology is a key part of the push at Lloyd’s in using technology to speed up claims payments following natural catastrophe events, according to McKenzie Intelligence Services (MIS).   26 September 2019

Insurance

Blockchain 'moves beyond the hype' towards real-world solutions

Hailed as one of the few insurtech technologies with the potential to transform the centuries-old re/insurance industry, blockchain is finally moving from 'hype' to reality as companies are becoming increasingly focused on investment returns and solutions with real-world use.   26 September 2019

Insurance

AXA XL bolsters mergers & acquisitions underwriting team in US

Insurer AXA XL has promoted promoted mergers & acquisitions (M&A) underwriting duo Michelle Jensen and Pietro Tarone in the US.   26 September 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.