Data is vital to the digital economy and to the digital transformation of industries such as insurance. When it is managed well it can add value, create a competitive advantage, improve customer and employee relationships and lead to increased profitability. The inverse of these benefits can lead to lost customer relationships, reduced employee retention, and lower levels of sales and profitability.
The insurtech seeks to close the ‘insurability gaps’ for policyholders and help them gain coverage.
The new policy covers topics such as name changes, time off for transition and dress codes, among others.
The incumbent has decided to retire as CEO of RSG Underwriting Managers.
The new recruit has previously worked with Generali and Aon.
The re/insurer believes it is an opportune time for expansion as market conditions are favourable.
This is despite the majority of flood damages for the event being uninsured.
The new hire formerly worked at Beazley, ACE and AIG.
The senior marine underwriter will focus on fine art and specie insurance.
The company has seen 'strong demand' for D&O, EPL, fiduciary, crime and cyber liability coverages.