Critical Information for P/C Carrier Executives
Carrier Management Critical Information for P/C Carrier Executives
 
 
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Today's Headlines August 18, 2021

Cyber Underwriting Changes: Is It Too Little, Too Late?

With primary rate changes approaching 50 percent and underwriting questions about network controls becoming more and more detailed, cyber insurers and reinsurers are reacting to an onslaught of ransomware attacks against policyholders and prospects. But are the actions enough to keep ahead of the bad guys? Did they react too slowly? Questions about the adequacy... read more
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Risk Alerts: Gender Reveal May Have Caused Wildfire, Death of Firefighter

Despite numerous reports of destruction and even death, many couples still insist on throwing elaborate and risky gender reveal parties—often with unintended consequences. Carrier Management first warned readers about the possible risks from gender reveal parties back in November 2019, after a 56-year-old woman in Iowa was killed by a homemade explosive that was meant... read more
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 Brand Spotlight 
How To Adapt Your Smart Property Insurance Program to a Post-Pandemic World

The COVID-19 pandemic has disrupted home and lifestyle in a way that's vastly altered consumer perceptions of the Internet of Things (IoT). Today, 34% of all single-family households own a smart home device, according to research by Parks Associates. This percentage is expected to grow...read more
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HDVI, a Digital MGA Focused on Commercial Auto Cover, Raises $32.5M

High Definition Vehicle Insurance Group is planning new products and a national expansion, following $32.5 million in new venture funding. HDVI is an InsurTech MGA focused on commercial auto insurance. read more
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TrustLayer Pulls in $15M to Fuel Expansion of Digital Insurance Verification Platform

TrustLayer nailed down more than $15 million in new venture financing. The Florida-based InsurTech, focused on digitizing the insurance verification process, plans to use the money for hiring, expansion and further product development. read more
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InsurTech Quotall Links With Broker Acrisure in New Strategic Partnership

InsurTech software and services company Quotall said it is partnering with global insurance broker and fintech services provider, Acrisure. read more
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Former Chubb Exec Kocsondy Joins Beazley in Cyber Leadership Role

A veteran Chubb executive is joining specialist insurer Beazley as its new Head of U.S. Cyber & Tech. Patricia Kocsondy was previously senior vice president, errors & omissions (E&O) and cyber underwriting, for Chubb Limited's North American Financial Lines. read more
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OSHA Urges Employers to Make Fully Vaccinated Workers Wear Masks

The U.S. agency that regulates workplace safety issued guidance on Friday urging employers to require many fully vaccinated workers to wear masks to protect unvaccinated colleagues and customers, amid a surge in COVID-19 cases. read more
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Buffett's Berkshire Hathaway Eliminates Stakes in Axalta, Biogen, Pares Other Drug Holdings

Warren Buffett's Berkshire Hathaway Inc said on Monday it trimmed or eliminated its stakes in several pharmaceutical companies, and reported a small new stake in a Merck & Co spinoff, Organon & Co. read more
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Research and Webinars

How to Evaluate Imagery Providers

The arrival of new aerial imagery providers gives insurance carriers the ...
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2021 Future of Claims Study

The 2021 Future of Claims Study focuses on the acceleration in virtual claims ...
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Ransomware and Aggregation Issues Call for New Approaches to Cyber Risk

Cyber insurance has become a significant issue for insurers. From being a ...
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How Insurers Can Launch A Direct-to-Consumer Sales Model in 60 Days or Less

Want to add a direct-to-consumer distribution channel to your sales line-up? ...
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3 Principles to Guide the Move to Digital Agency and Agent Onboarding

Managing agent and agency onboarding is a business critical function for ...
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