Articles

Insurance

Insurtech Inzura hires telematics expert for UK and Europe

UK-based insurtech firm Inzura.ai, which offers insurers and brokers mobile-centric tools designed to accelerate user engagement and company profits using advanced machine learning, integrated dashcams and AI, has hired a senior industry telematics specialist to further expand its business.   9 October 2019

Insurance

MGA Ascent boosts cyber underwriting team to meet US demand

Cyber and specialty lines MGA Ascent Underwriting has hired two cyber underwriters Kieran Shiret and Henry Rydon.   8 October 2019

Insurance

IFIG upgrades insurance fraud e-alerts with Verisk as threats continue to evolve

The Insurance Fraud Investigators Group (IFIG) has partnered with Verisk to upgrade its technology to include a cloud-based e-alerts platform to tackle the ever evolving problem of insurance fraud.   8 October 2019

Insurance

Insurer CFC acquires US-based cyber incident firm Solis Security

Specialist insurance provider CFC has bought Solis Security, a Texas-based incident response provider, to increase its in-house cyber incident response capabilities.   8 October 2019

Insurance

Marsh boosts Aviation Practice in London and New York with four senior hires

Global insurance broker and risk adviser Marsh has made four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York.   8 October 2019

Insurance

Resolution Re names Steve Hales as CEO; Bermuda-domiciled reinsurer looks to build business

Steve Hales has been appointed CEO of Bermuda-domiciled reinsurer Resolution Re, part of the Resolution Life Group.   8 October 2019

Insurance

Insurtech Artificial launches cross-discipline project using machine learning to develop ‘future of insurance software’

London-based insurtech, called Artificial, has launched the Artificial Beta Community project to shape the future of insurance software by uniting underwriters, brokers and MGAs with the company’s own team of data and machine learning experts.   8 October 2019

Insurance

Arch expects up to $75m cat loss in Q3 2019 from Hurricane Dorian and Typhoon Faxai

Bermuda-based re/insurer Arch Capital Group is expecting approximately $65 to $75 million (pre-tax) losses related to 2019 third quarter catastrophic events.   8 October 2019

Insurance

Financial Conduct Authority crackdown could hit profits for UK motor and home insurers, finds Fitch

Fitch Ratings has warned that UK motor and home insurers could see a drop in profits next year as the regulator, the Financial Conduct Authority (FCA), moves to end high prices for customers who do not shop around for a better deal.   8 October 2019

Insurance

The Hanover enhances cyber coverage to tackle complex exposures

The Hanover Insurance Group has launched a new stand-alone, non-admitted cyber offering for commercial lines agents and their clients.   8 October 2019

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