Articles
Insurance
London-based insurtech Concirrus has launched a new artificial intelligence-powered cargo data analytics solution in partnership with brokers Marsh JLT Specialty and Willis Re Specialty. The company claims it has the potential to "revolutionise" the way cargo insurance is priced, selected and managed in the industry. 16 September 2019
Insurance
A new research conducted by Cybersecurity Ventures suggests that the annual global cyber losses are expected to reach $6 trillion by 2021, with cyber security spending projected to exceed $1 trillion cumulative in the five years period leading up to 2021. 13 September 2019
Insurance
The expectation that interest rates are likely to be lower for longer has caused some analysts to cut their earnings forecasts for the industry. 13 September 2019
Insurance
Specialist and corporate insurer Tokio Marine Kiln (TMK) has unveiled a series of leadership changes following the departure of its chief executive officer Charles Franks after 11 years, and chief underwriting officer Paul Culham after 32 years. 13 September 2019
Insurance
Insurance service provider Davies Group has acquired Ohio-based Frontier Adjusters, a multi-line independent claims adjusting provider, as part of its North American investment plans. 13 September 2019
Insurance
New York-based NeuralMetrics, an insurtech data provider using natural language processing (NLP) technologies to power a real-time, alternative data engine for commercial lines general or property and casualty (P&C) insurance companies, has launched in the US. 13 September 2019
Insurance
Broker Gallagher has hired sports broadcaster Jill Douglas to join its UK operations to accelerate its plans of expanding presence in the specialist sport, media & entertainment sector. 13 September 2019
Insurance
Insurtech firms raised a record $3 billion in new funding in the first half of 2019, with developments such as usage-based insurance boosting demand in the sector, with European companies attracting the lion's share. 13 September 2019
Insurance
There are 775,654 US homes at extreme risk of wildfire, according to CoreLogic analysts. 13 September 2019
Insurance
Prudential Financial is set to acquire US-based insurtech start-up Assurance IQ for $2.35 billion. 13 September 2019
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