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| Today's Headlines | September 2, 2021 |
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Now that the dust is settling after an unpredictable and historically challenging period, insurers are going on the offensive by pursuing innovation, building out core capabilities and aggressively taking market share. This is driving a frenzy of M&A in the property/casualty insurance space. Through the first half of 2021, we saw a record number of... read more | | |
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A successful diversity and inclusion program isn't just about transforming processes—you also need to create a culture of allyship and advocacy. "Being an ally goes way beyond just acceptance," said Anne Marie Elder, global chief underwriting officer for Marine at AXA XL, speaking at IICF's 2021 Inclusion in Insurance Forum in June. "The best allies... read more | | |
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When assessing a commercial property's construction, key attributes underwriters focus on include construction class, building area (square footage), and year built. But obtaining accurate information on each attribute can be a major challenge. Imprecise data can hurt both insurers and policyholders. While direct written premiums... read more | | |
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U.S. commercial auto insurers face some blips and disruptions on their road to profitability due to inflation and the spotty post-pandemic economic recovery, according to a new Standard & Poor's Global Ratings report. read more | | |
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Global reinsurer MS Amlin AG announced that Christopher Beazley has stepped down as chief executive officer. According to the company's announcement, Beazley will "pursue opportunities outside of MS Amlin" after serving as CEO for the past three years. read more | | |
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Insurers are bracing for a hit of about $18 billion from Hurricane Ida in the United States and the Caribbean, catastrophe modeling company Karen Clark & Co (KCC) said on Wednesday. read more | | |
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The Hartford appointed a new head of the Western Division for the company's Middle and Large Commercial Insurance business. A former Willis Towers Watson executive joined Marsh's Chicago office as Risk Management Leader – a newly created role. A former Marsh executive signed on with Strategic Risk Solutions as director in the company's European Consulting Practice. read more | | |
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An ever-swelling amount of space debris is threatening satellites that hover around Earth, making insurers leery of offering coverage to the devices that transmit texts, maps, videos and scientific data, industry sources said. read more | | |
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| | Managing agent and agency onboarding is a business critical function for ... read more | |
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| | GIACT's new report, Understanding Account Takeover 2021, discusses the impact ... 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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| | As large P&C carriers and brokers continue to grow through mergers and ... read more | |
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| | The arrival of new aerial imagery providers gives insurance carriers the ... read more | |
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