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| | | | | | | Leverage Tech to Drive Profitability | | | Calling all underwriters! Did you know that better
tech can enable you to underwrite more profitably?
Two Sigma IQ's data science expert explains how. | | | | | | | | Two Sigma IQ | | |
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| Today's Headlines | October 25, 2021 |
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A couple of years ago, insurers were skeptical of cloud computing. Now? Not only are they leaning into cloud-first strategies, but cloud has become the default hosting option for more insurance technology. Building and hosting apps in the cloud lets insurers focus on running their business and servicing customers without worrying about the infrastructure being... read more | | |
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A group of actuaries recently polled about whether people working for InsurTech startups were more talented than those working at incumbent carriers assessed them as just about the same. The true answer, however, may be different, one expert says. Speaking on a panel at the Casualty Actuarial Society Seminar on Reinsurance in June, Andrew Johnston,... read more | | |
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Lumber price volatility continues to play an outsize role in overall reconstruction cost estimates going into October 2021. While lumber has experienced significant price hikes over the past year—with record-breaking triple-digit growth just months ago—the pace of increase is now much slower. The latest Verisk ... read more | | |
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After a year-and-a-half of mostly conducting business by way of Zoom calls, webinars and an endless flow of digital notifications, insurance professionals and entrepreneurs were eager to see one another in person at InsureTech Connect 2021. read more | | |
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Bermuda's advantageous tax status for the insurers and reinsurers will be reduced at the margin with the expected passage of the recent multilateral agreement to establish a 15% global minimum tax rate, according to Fitch Ratings in a market commentary. read more | | |
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SPONSORED BY: MediaAlpha What if you could predict which of the visitors to your website were most likely to purchase a policy…and which ones were highly unlikely to do so? Well, it turns out that a growing number of insurance carriers are doing just that. And they're using these predictions to optimize customer acquisition by tailoring the website shopping experience to each consumer based on their likelihood to bind.... read more | 
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Warren Buffett's Berkshire Hathaway has tendered its stake in Cattolica under a takeover offer by Assicurazioni Generali, a source close to the situation said on Friday. read more | | |
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Guy Carpenter & Co., the reinsurance brokerage business of Marsh McLennan, announced the launch of the Guy Carpenter Insurtech Center of Excellence (COE) to provide comprehensive services to global re/insurance carriers and managing general agents (MGAs), powered through modern technology platforms. read more | | |
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AXA XL chose a new underwriter for War, Terrorism & Political Violence. Swiss Re Corporate Solutions named a new Head of Executive Risks for North America. *** AXA XL's Crisis Management and Specialty Risk business has appointed Francisco Arias as Senior Underwriter for War, Terrorism & Political Violence. AXA XL is the property & casualty... read more | | |
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| | Insurers are facing a moment of truth. How they respond today will lay the ... read more | |
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| | Business email compromise, or BEC – defined as a fraud tactic using email to ... read more | |
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| | Commercial underwriting executives share tips on their digital transformation ... read more | |
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| | Want to add a direct-to-consumer distribution channel to your sales line-up? ... read more | |
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| | As large P&C carriers and brokers continue to grow through mergers and ... read more | |
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