Critical Information for P/C Carrier Executives
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| | | Happy Holidays from IAA | | Wishing you a Happy Holiday and a joyful New Year. Best Wishes from your friends at IAA. | | | | IAA, Inc. | |
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Today's Headlines | December 13, 2021 |
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Mosaic Insurance, the Bermuda-headquartered startup and Lloyd's specialty insurer, operates with a unique structural twist. Its hybrid model has the flexibility of a managing general agent (MGA), the stability of a carrier's long-term capital, plus the ratings, global licenses and distribution reach of Lloyd's of London. Launched in February 2021, Mosaic is the brainchild of... read more | | |
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| Advertisement | | | | Strength in Unity | | Improving how the insurance industry protects and restores properties. | | | | CoreLogic | Next Gear |
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Litigation funding has become a $17 billion industry globally, with 52% of that money being spent in the United States, Swiss Re said in a report released Thursday. read more | | |
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Personal auto underwriting expenses challenge many insurers to balance high costs, which can undermine profitability, and cost-cutting measures that may obscure the view of risk. This dilemma has its roots in vital sources of risk data–such as driving history, prior losses, and coverage history–that can ...read more |
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The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. read more | | |
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Automaker Toyota's insurance arm has begun selling its first branded insurance coverage, Toyota Auto Insurance, in Arizona, Illinois, Indiana, Ohio and South Carolina, and will soon be offering the coverage in Georgia, Missouri, Tennessee and Texas. read more | | |
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Generali has joined forces with Accenture and Vodafone Business to create a package of cyber insurance services for corporate and small and medium-sized enterprise (SME) clients. The services include cyber risk assessments, phishing simulations and learning programs, designed to help Generali customers strengthen their ability to ensure a prompt restoration of normal operations after a... read more | | |
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A recent survey of insurance employees and risk management students found that the majority are deeply concerned about climate change and want the industry to address it. In fact, 59 percent of respondents said they were "very concerned" about climate change or rated it as their "top concern." Meanwhile, 81 percent said the insurance industry... read more | | |
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Spanish insurer Mapfre on Friday signed a contract to make a $983.8 million contingency pay-out to Colombia's Empresas Publicas de Medellin (EPM) over issues with the construction of the massive Hidroituango dam. read more | | |
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Wells Media Group, Inc announced that it has become a 100% employee-owned firm via the launch of an Employee Stock Ownership Plan (ESOP). read more | | |
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| Data should point the way, not get in the way. Making the most of abundant ... read more | |
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| This paper will review the current model of incident response for ransomware ... read more | |
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| Future economic fundamentals may produce tailwinds for insurers seeking to ... read more | |
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| Accelerate competitiveness with a digital ecosystem. Revolutionize your ... read more | |
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| It's good to be in the E&S market right now. Indeed, E&S typically ... read more | |
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