News

Technology

AI is like a ‘co-pilot’ in the claims environment

The technology is already supporting adjusters in many ways from improving decision accuracy to flagging fraudulent activity but caution is needed over data privacy, says Crawford & Company’s Wayne Brand.   18 October 2024

Insurance

Miller snags ex-SRG COO for UK and international expansion

It has hired a new leader boasting pedigree from SRG, JLT and Carpenter.   17 October 2024

Insurance

Florida’s HCI Group weathers $750m hurricane losses

The loss estimates are attributable to Hurricanes Debby, Helene, and Milton.   17 October 2024

Reinsurance

LM Re strengthens specialty casualty underwriting with ex-Vantage Risk hire

The executive will focus on complex financial institutions risks.   17 October 2024

Insurance

Verisk sees potential $50bn insured loss hit from Hurricane Milton

Milton to have higher losses than Helene due to lower flood insurance take-up rates.   16 October 2024

Insurance

McLarens enhances complex loss capabilities for Lloyd’s & London

It has brought in a 40-year veteran to drive its Lloyd’s and London market offerings.   16 October 2024

Reinsurance

Gallagher Re strengthens life & health leadership in Asia Pacific

It has made a double hire to bolster its L&H units in China & Hong Kong and India.   16 October 2024

Insurance

QBE ships in new specialty offering with US inland marine launch

It has made a triple swoop on AIG for the offering slated to launch in 2025.   15 October 2024

Reinsurance

Top leadership moves at Aon to fuel US reinsurance growth

New US CEO and vice chair to help drive Aon’s US reinsurance solutions strategy.   15 October 2024

Reinsurance

Milton likely earnings event for reinsurers; ‘manageable’ but may rattle prices

Primary insurers urged to be cautious with capital, especially if retaining more risk.   15 October 2024

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