Articles
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
Reinsurance
Reinsurance trust agreements have gradually grown in usage by the industry over the past two decades, which is also the length of time that Robert Quinn, vice president in the insurance collateral solutions team at Wilmington Trust, has been working in this sector. He sat down with Intelligent Insurer to discuss how the sector has changed in that time and how he turns challenges into opportunities. 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
More life insurance businesses are starting up than general insurance (GI) businesses, according to analysis by Policy Expert, the digital home insurer. 17 October 2019
Reinsurance
The 16th Singapore International Reinsurance Conference (SIRC) promises an agenda filled with top re/insurance execs from the region discussing this year’s theme: Winds of Change. 17 October 2019
Insurance
“There’s a joke in the insurance industry that ‘smart contracts’ are neither smart nor a contract,” said Ronnie Kher, business development director at insurtech firm R3, with a smile as he went on to debunk this myth. 17 October 2019
Insurance
The insurance industry is particularly ripe for Intelligent Automation (IA) given the high volume of unstructured information being received and processed by insurers, according to Mike Hobday, senior vice president at AntWorks. 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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