Wefox CEO expects 90 percent of all insurance sales globally being at risk during the crisis.
Business continuity losses for small businesses are estimated to reach $383bn a month in the US.
The rapid global spread of coronavirus has generated an unprecedented credit shock across many sectors.
The company aims to become a full-service partner to insurance carriers across the life cycle of a policy.
The company says its Solvency II ratio is well within its target range.
Australia's insurance council is seeking clarity from the federal, state and territory governments on essential services rules.
The programmatic reinsurance marketplace has partnered with PCS, Verisk for the initiative.
The insurer has appointed a strategy officer of underwriting portfolio management.
Coronavirus outbreak has prompted Lloyd’s insurance market to switch entirely to e-trading.
The executive is currently a senior risk engineer at Allianz Risk Consulting.