News
Insurance
Individual life insurance providers are shifting their approach from producer focused to end-customer focused by introducing more online access capabilities and more frequent customer touch points. 4 November 2019
Insurance
Data analytics firm Verisk is set to acquire US firm BuildFax, a provider of property condition and history data, after signing a definitive agreement with the company's shareholders. 3 October 2019
Insurance
Universal Property & Casualty Insurance Company (UPCIC) has expanded the top of its reinsurance tower for a single Florida event to $3.28 billion (an increase of $134 million) as part of Universal Insurance Holdings’ 2019-2020 reinsurance programmes, effective June 1, 2019. 3 June 2019
Insurance
Zurich has become the first major global insurer to align with United Nation's climate change goals by committing to using 100 percent renewable energy in all global operations by the end of 2022, and to stop writing certain thermal coal and oil sands risks. 26 June 2019
Insurance
Broker Marsh has developed a Japanese aircraft finance insurance consortium (AFIC) in collaboration with Sompo Japan Nipponkoa Insurance and Sompo International. 26 June 2019
Insurance
Zurich Insurance Group is acquiring 80 percent of PT Asuransi Adira Dinamika (Adira Insurance), a property and casualty (P&C) insurer in Indonesia, from PT Bank Danamon Indonesia and a minority investor. 27 September 2018
Insurance
The Insurance Council of Australia (ICA) has strengthened its board with the appointment of two new directors. 3 May 2019
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has partnered with Zurich-based Synpulse to improve the property and casualty (P&C) underwriting process for insurers. 20 September 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired Lloyd’s chief commercial officer Vincent Vandendael as CEO of Everest Insurance international. 3 September 2018
Insurance
Specialty re/insurer Canopius has signed an agreement with Korea's Samsung Fire & Marine Insurance (SFMI) that will see SFMI become a significant minority investor in the company. 3 May 2019
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