News
Insurance
Commercial lines insurers must embrace the same levels of automation prevalent in personal lines, particularly within the London Market if it is to compete with other platforms globally, Patrick Molineux, general manager of insurance at CSC, told Baden-Baden Today. 25 October 2016
Insurance
The Mexican insurance market has vast potential, but the prospects are less than they are portrayed to be, according to Manuel Escobedo, president of the Mexican Association of Insurance Institutions. 10 September 2019
Insurance
Century Underwriting, the specialist commercial managing general agent (MGA) has been granted Lloyd’s coverholder status; an important development in the firm’s five year diversification plan to become a multi specialist lines MGA. 1 February 2016
Insurance
Spanish re/insurer Mapfre is investing €25 million in Alma Mundi Insurtech Fund that focusses on startups in the insurance sector. 21 November 2018
Insurance
Broking firm the County Group (County), part of Global Risk Partners (GRP), has acquired a UK insurance broker with more than 70 years of trading in the Stoke on Trent area “bringing significant scale” to County’s North West UK hub. 24 June 2019
Insurance
Hannover Re has been active with parametric coverage in the agricultural field for many years, and it is now focusing on the coverage in its property segments. 9 September 2019
Insurance
US-based insurer Liberty Mutual has appointed Jessica Dekermanji as senior vice president and chief underwriting officer of its national insurance specialty energy unit. 25 May 2017
Insurance
CyberCube’s Cyber Threat Outlook Survey took the pulse of cybersecurity professionals and asked for their perspectives on the frequency and economic severity of the cyber threats facing businesses, as Rebecca Bole of CyberCube told Monte Carlo Today. 9 September 2019
Insurance
Global marine underwriting premiums for 2016 fell to $27.5 billion, a 9 percent reduction on the figure reported for 2015, the International Union of Marine Insurance (IUMI) said on Sept. 18. 18 September 2017
Insurance
Multiple global catastrophe events could push the US property/casualty insurance industry loss above historical third quarter average levels of $13 billion, according to Morgan Stanley Research. 3 October 2018
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