News

Insurance

Convex partners with insurtech Cytora for AI-powered commercial underwriting solution

Stephen Catlin and Paul Brand's newly launched specialty re/insurer Convex Group has partnered with UK-based insurtech Cytora to develop artificial intelligence-powered solutions for the commercial insurance industry.   15 July 2019

Insurance

Brokerslink reveals network expansion in Middle East and Africa

Brokerslink, a global network of independent brokers, has added three new affiliates to further expand its presence in the Middle East and Africa region.   15 July 2019

Insurance

UK insurers ‘hugely disappointed’ as Ogden discount rate set at minus 0.25%

UK insurers will be “hugely disappointed” as the injury damages rate, the Ogden discount rate, was set at minus 0.25 percent today to come into force on August 5, 2019.   15 July 2019

Insurance

Risk trading insurtech AkinovA unveils Series B investment round to fuel expansion

AkinovA, an electronic marketplace for the transfer and trading of re/insurance risks, has launched a Series B investment round to fuel its expansion plans.   15 July 2019

Alternative Risk Transfer

CCR interview: why understanding the wider impact of CSR is crucial for re/insurers

Corporate social responsibility has changed aspects of the risk transfer industry over time, but it is now becoming more important than ever for re/insurers to understand its wider consequences, Laurent Montador of CCR tells Intelligent Insurer.   15 July 2019

Insurance

TigerRisk researches future trend for more hurricanes stalling over land

As tropical Storm Barry moves towards New Orleans, weather forecasters are predicting that it could become a hurricane and then stall over land, meaning that rain, not wind, will be the main peril.   12 July 2019

Insurance

Markel to provide liability coverage for professional employer organisations

Specialist insurer Markel Corporation has added a stand-alone employment practices liability policy customised for professional employer organisations (PEOs) to its management liability suite of products.   12 July 2019

Insurance

MGA leaders offer insights into the big issues for the industry now and in the future

Now seems to be a great time to be running an MGA – but are there downsides? And what is the future for the sector? We asked five MGAs some questions around their confidence, concerns and goals—and their opinions on technology in our virtual roundtable.   12 July 2019

Insurance

Uinsure partners with WhenFresh to launch ‘Zero Questions Asked’ quotes

General insurer (GI) Uinsure has launched a ‘zero questions asked’ quote platform for UK home insurance in partnership with big data ‘supermarket’ insurtech WhenFresh.   12 July 2019

Insurance

Universal appoints Donaghy as new CEO, Downes to become executive chair

Florida-based Universal Insurance Holdings has appointed current chief operating officer Stephen Donaghy as its new chief executive officer (CEO).   12 July 2019

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