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US mortgage business Freddie Mac wants more reinsurers to embrace its credit risk transfer programme
Freddie Mac, the US-government sponsored enterprise (GSE) that provides liquidity to the US mortgage markets by buying mortgages from lenders, anticipates that its credit risk transfer (CRT) programme will continue to grow steadily—and 2020 could be one of its biggest years yet. 20 October 2019
Insurance
Everyone is talking about insurtech, but apart from its being a useful portmanteau term, does the reality live up to the hype that surrounds it? Intelligent Insurer asks those in the know. 18 October 2019
Insurance
Global broking business Brokerslink and Swiss Re Corporate Solutions are to develop a dedicated international insurance programme management platform for the organisation’s broker network. 18 October 2019
Insurance
US insurers face a unique set of challenges as they consider their growth strategies. Tom Hettinger of Guy Carpenter explains his company’s innovative tool GC Mosaic which helps clients make better growth decisions based on analytics and real data, to Intelligent Insurer. 18 October 2019
Insurance
Davies, an operations management, consulting and digital solutions provider, has acquired Alternative Service Concepts (ASC), a workers’ compensation and property and casualty third party administrator (TPA) headquartered in Nashville, Tennessee. 18 October 2019
Insurance
Blockchain should be viewed as a “team sport” by the risk-transfer industry as opposed to a specific technology; more a way of connecting companies and people and gaining efficiencies. 18 October 2019
News
As reinsurers and buyers begin their annual negotiations leading to the year-end renewal, there seems to be a consensus that the losses of recent years will lead to rate increases as long as this applies to those other buyers, as Intelligent Insurer finds. 17 October 2019
Insurance
The cost of running and insuring heritage buildings is being reduced with technology that monitors risk in real time via the internet of things (IoT), the audience at Intelligent InsurTECH Europe 2019 heard in London on October 14. 17 October 2019
Insurance
Applied Systems, a global provider of cloud-based software for the insurance industry, has updated its digital agency and brokerage portfolio. The latest advancements enable greater connectivity between agencies, brokerages, insurer partners and the end insured to create greater collaboration for higher-value business transactions and operational efficiencies. 17 October 2019
Insurance
US retail insurance broker EPIC Insurance Brokers & Consultants has acquired retail insurance broker Prime Risk Partners. The acquisition adds approximately 600 people in 20 locations and over $115 million in revenue. 17 October 2019
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