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Insurance
The new segregated portfolio company has been licensed in the Cayman Islands. 4 January 2021
Insurance
Its founding members include Aureum Re, Barents Re, CIBC, Greenlight Re, Knighthead Annuity & Life and Nassau Re. 4 January 2021
Insurance
The facility will assume workers’ comp, general liability, automobile liability and auto physical damage liabilities. 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
Insurance
Randall & Quilter Investment Holdings has agreed to acquire the Vibe Group, which has a Lloyd’s syndicate placed into runoff in 2019. 24 December 2020
Reinsurance
The executive has most recently been working for an insurtech startup in the region. 23 December 2020
Insurance
OCIL Special will offer capacity to energy industry clients in the US. 23 December 2020
Insurance
From the impact of the UK Financial Conduct Authority business interruption test case, and other BI cases around the world, to the ongoing hardening market, 2020 is expected to leave quite a legacy for 2021. Industry leaders share their hopes, fears and warnings as we head towards the New Year. 23 December 2020
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