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Cytora: underwriting evolution driven by automation
Insurance
Underwriting will be transformed by AI with a large amount of the work becoming automated in the next three years, driving efficiency and profitability, delegates heard at the Intelligent Automation event in London today (Tuesday May 21).   21 May 2019
Technology architecture key to avoiding ‘Boeing 737 misalignment’, insurers warned
Insurance
When it comes to technology strategy, most insurance companies are actively behaving like Boeing in its well documented case of technology “misalignment with the 737 Max”, delegates heard at the Intelligent Automation event being held in London today (Tuesday May 21).   21 May 2019
Innovation the key to insurance evolution
Insurance
Innovation is a fact of life in the insurance market and insurers need to adapt to it if they want to continue to do business.   21 May 2019
Insurance
Technology can help insurance companies to control the huge amount of data they deal with every day.   21 May 2019
Insurance
Two investment funds have agreed to buy a £92million ($117 million) stake in independent broker the Ardonagh Group.   21 May 2019
Insurance
Global re/insurer MS Amlin has acquired an equity stake in specialist reinsurance managing general agent (MGA) Envelop Risk.   21 May 2019
Insurance
The Cayman Islands-based reinsurer Greenlight Re's insurtech unit has made a strategic investment in an online insurance and consumer dispute resolution start-up FairClaims.   20 May 2019
Insurance
Specialist reinsurance broker Capsicum Re has appointed Tom Mills to its Bermudian operation, in a move aimed at growing its presence on the island as it enters fifth year of trading since opening its office in 2014.   20 May 2019
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl.   17 May 2019
Insurance
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group.   17 May 2019

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