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Insurance
Broker Willis Towers Watson has entered into an international insurtech partnership with Plug and Play, a startup accelerator and corporate innovation platform, to access latest technological innovation. 9 October 2018
Insurance
In one of the first tangible instances of uncertainty over the UK’s exit from the European Union influencing insurers’ strategies in a negative way, a UK-based specialist motor insurer has announced it will cease trading in the Republic of Ireland because of uncertainty passporting arrangements will remain post Brexit. 15 March 2018
Alternative Risk Transfer
Reinsurance broker Guy Carpenter & Company, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has hired Shiv Kumar as president and global leader of GC Securities, capital markets. 5 June 2018
Alternative Risk Transfer
Bermuda-based Arch Capital Group said on Oct. 25 that its mortgage insurance (MI) business obtained $368 million of indemnity reinsurance from Bellemeade Re 2017-1, a special purpose insurer. 26 October 2017
Insurance
Macro sector trends such as rising yields and claims inflation will form the background for the next phase the re/insurance markets will enter, David Flandro, global head of analytics at JLT Re, told Baden-Baden Today. 24 October 2018
Insurance
New York-based Oscar Health, a technology-focused health insurance company, has announced its plans to expand into six new markets across Florida, Arizona, and Michigan — and three additional large metro areas in Ohio, Tennessee, and Texas. 22 June 2018
Insurance
Insurtech start-up Betterview has released a commercial drone inspection package to allow insurers to capture, organise and analyse imagery of buildings and property. 9 November 2017
Insurance
Travelers Europe has launched a new product it says will provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly companies in the UK and Ireland. 4 January 2018
Insurance
With more alternative capital coming into play, there is greater pressure on the reinsurance sector—but the key is to use it to their advantage, Ali Karakuyu, lead analyst, director, at S&P Global Ratings, told Baden-Baden Today. 24 October 2018
Insurance
The infancy of historical claims data is perhaps one of the biggest hurdles for cyber risk modelling, but the advent of probabilistic modelling is a step in the right direction and can help the industry better manage the risk globally. 24 October 2018
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