News
Insurance
In a bid to reduce the cost of doing business at Lloyd’s, Nephila Syndicate Management (NSML) has selected Phinsys' suite of software technologies to streamline its financial processes and automate statutory, regulatory and management reporting. 23 September 2019
Insurance
Zurich Insurance Group has appointed Peter Giger as new group chief risk officer (CRO) and a member of its executive committee. 23 September 2019
Insurance
Motor insurer Granite Underwriting is looking to hire 300 people to help grow its business and that of its subsidiary Acorn. 20 September 2019
Insurance
Re/insurance broker RFIB Group has been approved to transact general insurance business in Hong Kong. 20 September 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
Insurtech Vouch, which describes itself as a new type of insurance company exclusively serving the early stage tech start-ups, has raised $24.5 million in Series A funding. The company's proprietary policies are backed by Munich Re. 20 September 2019
Insurance
Munich Re-backed insurtech Inshur, a provider of commercial auto insurance for private hire drivers, has strengthened its leadership team to support its market expansion plans globally. The company currently operates in New York and the UK. 19 September 2019
Insurance
Ratings agency AM Best has assigned a financial strength rating of A (Excellent) with a ‘stable’ outlook to Brit Reinsurance (Bermuda), a wholly-owned subsidiary of specialty re/insurer Brit, reflecting a "very strong" balance sheet. 19 September 2019
Insurance
Accounting standard IFRS 17 is more realistic and consistent than the standard it replaces, IFRS 4, and will show how lower interest rates are hurting insurers. 19 September 2019
Insurance
The US arm of Italian insurer Generali Group has launched a new specialty insurance division focused on warranty services and solutions. 19 September 2019
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