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Today's Headlines July 23, 2021

What an Embedded Insurance Future Looks Like

Insurance can be a tough sell. It's convoluted, related to a future risk that's hard to imagine, expensive and seemingly needless. And on top of that, general public sentiment tells us consumers are increasingly distrusting of traditional carriers. Needless to say, traditional approaches that rely on paperwork for claim forms and payments as well as... read more
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Systemic Risk: What It Feels Like

Tuesday, May 11 started out as an ordinary day for me. Early in the day, I was following the latest news about the lingering effects of a ransomware attack on the Colonial Energy pipeline, which had happened a few days earlier. For the last two decades, I have been writing about the concept of systemic... read more
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 Brand Spotlight 
Why the Embedded Insurance Recipe Will Work

I have curious grandchildren, a trait they definitely inherited from me. Whenever they get a cool new toy or technology gadget (yes even the 1 ½ year old loves these!) and have put it through its paces for a while, their attention inevitably turns to trying ...read more
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W.R. Berkley Grows Premium Rapidly in Q2, Crediting Rate Adequacy, Improving Economy

W.R. Berkley Corp. reported net premium growth exceeding 27 percent and a combined ratio under 90 for the 2021 second quarter, positive results the commercial lines insurer and reinsurer attributed to rate adequacy and an improving economy. read more
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At $42B, Natural Disaster H1 Insured Losses Reach 10-Year High: Aon

Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the biggest loss related to extreme cold in the United States in February, insurance broker Aon said on Wednesday. read more
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Chubb CEO Greenberg, Others Testify Before U.S. Senate Panel on Insuring Pandemic Risk

New Jersey business owner Adenah Bayoh told a U.S. Senate committee hearing on Wednesday she paid about $275,000 a year to insure her group of restaurants, only to discover the limits of her policy during the coronavirus pandemic. read more
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Digital Home Insurer Hippo Expands Into Commercial Insurance Market

Hippo, an InsurTech MGA known until now for digital homeowners insurance, is jumping into the commercial insurance market. The company’s initial focus in the space still involves residences, however. read more
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Group of State Attorneys General Urge Support for $26B Opioid Settlement

A group of state attorneys general unveiled on Wednesday a landmark $26 billion settlement with large drug companies for allegedly fueling the deadly nationwide opioid epidemic, but the deal still requires support from thousands of local governments. read more
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Risk Alerts: Solar Panel Waste and Carcinogens

Is the U.S. heading toward a solar panel waste crisis? U.S. home installations of solar panels have rebounded after a pandemic slump, and analysts expect the capacity to quadruple in the next 10 years While that may be good news for fans of renewable energy, there's a dark cloud on the horizon, warns a recent... read more
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Research and Webinars

Insurer Insights: The State of Agency and Agent Onboarding

Managing agent and agency onboarding is a business critical function for ...
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A 3-Step Guide to Insurance Transformation

The insurance industry faces significant disruption from multiple fronts, ...
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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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Value Chain Disruption in Insurance

83% of insurance CEOs say they are "concerned" about the speed of technological ...
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Using Data to Derail Fraudsters

For insurance companies providing a policy update, the cost of a double-digit ...
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Media

Carrier Management Midyear Update 2021: What’s Next?

InsurTech Newsletter


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