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What can insurers learn from big tech to stay relevant for customers’ evolving needs?
News
Insurance is not known for being at the forefront of innovation. By and large, customers are buying the same types of covers from the same carriers in the same way as they were 20 years ago, says Anthony Bice, partner and head of EMEA Insurance, Oliver Wyman.   1 October 2018
US cyber premiums double in four years but growth ‘slowing’: AM Best
Insurance
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown.   21 June 2019
Insurance
RLI, a specialty insurer serving property/casualty and surety markets, has elected David Duclos to its board of directors for a term expiring at RLI’s next shareholders’ meeting in May 2018, at which time he will stand for re-election.   9 May 2017
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Against a backdrop of challenging market conditions driving more M&A in the industry, reinsurers must also keep a close eye on regulatory tensions, says Arno Junke, chief executive of Deutsche Rück.   23 October 2016
Insurance
In association with Standard & Poor’s, Intelligent Insurer invited a number of senior executives from reinsurers and brokers to a roundtable discussion which tackled topics including rates, changing buying habits, growth, innovation and consolidation.   20 October 2015
Insurance
COVID-19 has illustrated the importance of clients being able to access a joined-up service: Aon president.   14 October 2020
Insurance
Liberty Specialty Markets (LSM), a part of Liberty Mutual Insurance, has appointed Bas Wijnhoven to the new role of senior underwriter – directors and officers (D&O) and crime for the Netherlands.   27 November 2017
Alternative Risk Transfer
Increased competition fuelled by third-party capital is causing premiums to decline, threatening reinsurers’ competitive positions. One consequence of this could be that some players struggle to maintain their financial strength ratings.   15 August 2014
News
Global reinsurers' first half 2017 results provide further evidence of continuing pressure on pricing and earnings, Fitch Ratings said on Aug. 21.   21 August 2017
Insurance
The dial is slowly shifting for diversity and inclusion in the insurance industry, but is still lagging far behind other sectors due to the lack of flexibility in workplaces and initiatives to support change.   28 August 2019

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