DXC’s innovative Digital Minds programme is an opportunity for brokers, insurers and London Market associations to embrace and lead digital change within the industry. Its founder Caroline Bedford told Intelligent Insurer how the programme is producing the digitally switched-on C-suites of the future.
Bought By Many, an insurtech platform that designs and sells niche insurance products, is seeking business partners in Sweden as it launches its pet insurance product in the country in a move that could represent a template for its further expansion.
Size is an increasingly important factor in the success of reinsurance businesses, according to SCOR, and the pressure remains on smaller players to merge.
In its July 2018 ILS market update Willis Towers Watson claims that the ILS market continues to power forwards. Intelligent ILS reports.
RSG Underwriting Managers (the underwriting arm of Ryan Specialty Group) underwrites in the global energy markets via two MGUs: Global Special Risks (GSR), which focuses on fossil fuels, and PERse, which focuses on renewable energy. In this article, executives from each unit offer their perspectives on the challenges and opportunities facing these aspects of the energy sector.
Some of the bigger ILS funds are well down the road towards securing ratings—a move that will see them complete their journey from nimble newcomers to occupying a central ground and competing with traditional players on their own turf. This could be a game-changer for the market, as Intelligent Insurer reports.
Managing general agents (MGAs) are coming under growing pressure from Lloyd’s as part of the market’s profitability push while also grappling with the continued uncertainty around Brexit. But executives in the sector remain confident they can adapt and manage the challenges.
The development of the industry’s first fully probabilistic model for extreme liability events represents a breakthrough for risk modelling and the use of such models will eventually become common practice in the risk transfer sector, Robin Wilkinson, vice president and managing director of casualty analytics at AIR Worldwide, tells Intelligent Insurer.
Traditional insurers are struggling to offer appropriate insurance products that address the particular needs of the sharing and gig economies, according to experts at a 2018 Insurtech Insights conference panel discussion on June 19 and 20 in London.
The football World Cup will be watched by a billion people globally, but it is possible at all only thanks to the complex web of insurance policies underpinning its large and complex risks, from injured footballers to cyber and terrorism attacks. Intelligent Insurer reports.