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Insurance
The insurer has hired the US head of surety for Euler Hermes and Zurich to lead its new national accounts segment. 5 January 2021
Insurance
Ark is seeking to scale up its existing platform at Lloyd’s and commence underwriting third-party reinsurance business through GAIL. 5 January 2021
Insurance
‘Reason and logic’ governing the firming reinsurance landscape as reinsurers halt downward price trends. 4 January 2021
Insurance
The completion of this deal marks Nexus’ eighteenth acquisition since its inception as the MGA Group looks to grow further. 4 January 2021
Insurance
The new segregated portfolio company has been licensed in the Cayman Islands. 4 January 2021
Insurance
The consideration of €165 million is a multiple of 12.2 times 2019 earnings. 4 January 2021
Insurance
It will now operate under the brand name AgriSompo North America. 4 January 2021
Technology
Removing pain points from and increasing efficiency in the claims process using automation at a time when customer expectations are high is becoming an important point of differentiation for carriers. 1 January 2021
Technology
The technology is already there to dramatically streamline the claims process, says Sean Baird, director, product marketing at Nuxeo—insurers just have to take advantage of them. With automation able to reduce the number of manual interactions required to support the claims process, carriers can now move with confidence towards a touchless experience, all while enhancing customer experience, he explains to Intelligent Insurer. 1 January 2021
Technology
Accessing the value from driver data and advanced auto systems is easier than many carriers assume, argues Jason Verlen, SVP Product Management, Strategy, and Marketing at CCC Information Services. The sheer volume of information available to carriers may seem daunting, but there is huge value that can be found within it, in terms of both policy development and policyholder satisfaction. 1 January 2021
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