Carriers Should Hire for Reasons Beyond Degrees and Years of Experience

In the rapidly evolving business climate, diverse teams with a variety of skills and perspectives are crucial for success. As insurers focus on enhancing their diversity, equity and inclusion efforts, they must consider all stages of an individual's relationship with the organization, including the hiring and promotion process. However, just as a diverse workforce won't... read more

Global P/C Industry Produces Strongest Rate Hikes in 20 Years, as Inflationary Risks Surface

Robust global economic recovery, higher risk awareness and the strongest rate hardening for 20 years in non-life insurance commercial lines will combine to push premiums 10% above pre-COVID-19-crisis levels this year, creating a faster bounceback than from the global financial crisis, according to a report published by Swiss Re. read more

Home Coverage InsurTech Kin Will Go Public in SPAC Deal; National Expansion on Tap

Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through a merger with Omnichannel Acquisition Corp., a blank-check firm led by Matt Higgins, a longtime investor who has appeared as a “Shark Tank” judge.  read more

N26, a Fintech and On-Demand Insurer, Could Hit $10B Valuation in New Fundraising

N26 GmbH is holding discussions with investors to raise several hundred million dollars in a fundraising that could value the German fintech at about $10 billion, according to people familiar with the matter. read more

Cyber Risk Increasingly Threatens Credit Ratings: S&P

Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a new report from S&P Global Ratings. read more

Flood Onslaught in Germany Could Break Records; Insurers Expect Costly Hit

Chancellor Angela Merkel pledged swift help backed by "all the power of the state" for people affected by devastating flooding in western Germany, where at least 42 people have died and dozens are missing. read more

Executives On The Move at Aspen, Hippo and Corvus

Aspen Insurance Holdings appointed a new Group Chief Investment Officer. Hippo brought on a new board member. Corvus Insurance named a new Head of Property and Cargo. read more

Carrier Compliance: Red Flag Rule and Undeliverable Mail

For insurance companies providing a policy update, the cost of a double-digit ...
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Value Chain Disruption in Insurance

83% of insurance CEOs say they are "concerned" about the speed of technological ...
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New executive perspective of changing business of insurance.

60% of CIOs say their organization's technical debt has risen over the past ...
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37% percent of U.S. consumers have been victims of identify fraud. Read full report.

Identity thieves are increasingly targeting non-financial accounts, including ...
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Technologies transforming the claims and underwriting space

Striking the right balance between automation and the human touch is a top ...
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