Articles
Insurance
Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired Stephen O’Flynn as head of professional lines and casualty treaty underwriting – Bermuda. 22 May 2019
Insurance
The need to innovate and automate claims processes is nothing new for insurers. Insurers therefore need to be able to identify and adopt technology solutions that are scalable and adaptable, and it’s vital for them to improve the value offering to insurance customers. With the right technology in place, claims can be expedited to improve customer and employee satisfaction by reducing leakage and by empowering the workforce to meet ever-growing and demanding customer expectations. 23 September 2021
Insurance
Suncorp subsidiary Vero Insurance has won the battle to acquire New Zealand-based general insurer Tower, beating Fairfax Financial's $144 million all-cash offer. 27 June 2017
Alternative Risk Transfer
Bermuda-based specialist insurer Hiscox has grown gross written premiums by 24.3 percent year on year to $1.16 billion in the first quarter of 2018 as Hiscox London Market and Hiscox Re & ILS took advantage of the hardening market at the Jan. 1 renewals. 8 May 2018
Insurance
American International Group (AIG) has appointed Peter Solmssen as executive vice president (EVP) and general counsel, effective October 18. 6 October 2016
Insurance
Insurers are struggling to find the right talent to fill key technology roles, and need to involve the wider workforce in developing their IT strategy. 24 September 2019
Insurance
As the integration of big data, artificial intelligence, and machine learning takes off, the risks and opportunities for more complex, automated cryptocurrency insurance grows, says Lorie Graham of AmericanAg. 15 August 2022
Insurance
Insurers have already made initial emergency payments of over £1.2 m ($1.5m). 28 November 2019
Insurance
The insurer has appointed new chief executive officers of Asia Pacific, LatAm and North America. 2 September 2020
Alternative Risk Transfer
Blue Capital, a Bermuda-based holding company which offers collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities posted net income of $3.3 million for the third quarter of 2016, compared to $4.4 million for the same period in 2015. 1 November 2016
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