| Today's Headlines | April 13, 2021 |
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The onset and continuation of the COVID-19 pandemic made everyone—property/casualty insurers included—respond quickly and reevaluate their priorities. Now, as global premiums rebound, insurers are taking a fresh look at their technology goals and how to achieve them. Disruptions Driving Resilience Near- and long-term shifts that the pandemic accelerated and which may become permanent include the... read more | | |
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| | | Advertisement | | |  | | | | Leverage the Power of Aerial Imagery | | | See how P&C carriers are using high-res aerial imagery and A.I. insights (both pre and post cat)
to make more confident decisions in underwriting, risk, and claims workflows. | | | | |
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If COVID-19 has taught us any important business-related lesson in 2020, it is the importance of being agile. More than a mere business practice, this agile philosophy of quickly adapting to opportunities and threats, both internal and external, must be rooted in an organization's culture. It certainly proved essential to my company's ability to respond... read more | | |
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Telematics — specifically usage-based insurance rates (UBI), or "pay-as-you-drive" — has proven to be a game-changer in the auto insurance industry. In a May 2020 customer sentiment survey, J.D. Power found that 40% of drivers were contemplating UBI due to the potential cost savings. In a ... read more | | |
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Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty insurers saw a statutory underwriting profit for the third consecutive year, with an average combined ratio of 99, according to Fitch Ratings in a new report. read more | | |
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Clearcover has secured a massive $200 million round of venture capital financing, and the digital auto insurance startup plans to use the monetary infusion to fuel product development and expansion, and also support widespread hiring. read more | | |
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SPONSORED BY: Chisel AI How does commercial lines underwriting need to evolve and what emerging technologies are carriers focusing on to accelerate their underwriting transformation? Executives from CNA, Strategy Meets Action, Vouch Insurance, Zurich North America, and others provide a progress report on the digital evolution of underwriting.... read more | 
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Insurance comparison site The Zebra raised $150 million in new financing that will support expanded hiring and brand building. read more | | |
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Chinese online insurance technology firm Waterdrop Inc is receiving pushback from domestic regulators on its planned U.S. initial public offering as its business model is seen as risky, four people familiar with the situation told Reuters. read more | | |
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Insurance broker Aon has offered concessions to gain EU antitrust approval for its $30 billion bid for rival Willis Towers Watson, a European Commission filing showed on Monday. read more | | |
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La Nina, the cooling of the equatorial Pacific that shifts weather patterns the world over, is fading away. But California may still be prone to dryness, and the U.S. Gulf Coast faces the risk of another busy hurricane season. read more | | |
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| | New consumer trends reveal the path carriers can follow to thrive in this ... read more | |
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| | Is your insurance organization prepared to meet the heighted expectations of ... read more | |
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| | Watch on demand: Erie Insurance's Tim Shine shares the journey to digitize the ... read more | |
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| | Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... read more | |
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| | " When it comes to insurance, small business owners want straightforward ... read more | |
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