Articles
Insurance
US-based Gibbs Law Group has filed a class action lawsuit against global insurer First American Financial Corp for allegedly failing to protect “millions” of customer files. 30 May 2019
Insurance
Inshur, the mobile-first provider of commercial auto insurance for private hire drivers, has teamed up with smartphone taxi app Uber to offer drivers who use the Uber app insurance. The partners said the fully digital insurance service tie up was “one of the first of its kind:. 30 May 2019
Insurance
From 1 July this year, Dutch insurance and asset management company Nationale Nederlanden (NN) said it will “stop providing insurance services to companies that derive more than 30 percent of their revenues from thermal coal mining or that use at least 30 percent thermal coal for power generation". 29 May 2019
Insurance
Specialist insurer Beazley has streamlined its MediaTech policy to incorporate cyber coverage and protect firms “using and developing new technology in exciting and often experimental ways”. The cover also combines protection from comprehensive errors and omissions (E&O) and media liability insurance. 29 May 2019
Insurance
Specialist commercial re/insurer International General Insurance (IGI) has joined GBN Worldwide, the global insurance network of insurers, reinsurers, independent brokers and specialty suppliers. 29 May 2019
Insurance
Taking place in Bolivia for the first time, the programme for the 37th Hemispheric Insurance Conference of the Inter-American Federation of Insurance Companies (FIDES) has been unveiled by the Bolivian Association of Insurers (ABA). 28 May 2019
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has closed a $4.5 million Series A round bringing the total funding to $10 million. 28 May 2019
Insurance
Swiss Re Corporate Solutions is collaborating with aeronautics firm Airbus Aerial to offer flood prevention modeling services using drone-collected data. 28 May 2019
Alternative Risk Transfer
Swiss Re places $100m First Coast Re II cat bond in Singapore, "excited" to promote Asian ILS market
Global reinsurer Swiss Re has placed the first catastrophe bond, a $100 million First Coast Re II (Series 2019-1), under Singapore's new insurance-linked security (ILS) framework for Security First Insurance Company. 28 May 2019
Insurance
Shareholders voted “overwhelmingly in favour” of directors put forward by re/insurance firm Argo at its AGM, crushing a bid to change direction at the top of the company by activist investor Voce Capital Management. 28 May 2019
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