| Today's Headlines | April 9, 2021 |
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Proper application of behavioral economics can improve take-up of flood insurance and narrow the protection gap. Sounds farfetched? Let's dig deeper. Behavioral economics is the study of psychology, economics and the decision-making process of humans. It helps us understand why people consistently deviate from rational action when making decisions. In other words, why would someone... read more | | |
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"I remember this same story 10 years ago." The LinkedIn comment on our first-quarter magazine cover story, "Google's Insurance Strategy Could Be a Game Changer," appeared soon after we published an online preview of the article in which Google's leader of insurance and risk management solutions described her purposeful mission to turn insurers into analytical... read more | | |
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Liberty Mutual and Starr Insurance Companies are among property/casualty carriers who joined a $100 million funding round for NYDIG, a technology and financial services firm focused on Bitcoin. read more | | |
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PURE Group, an insurer focused on the high-net-worth market, has seen it's AM Best financial strength rating upgraded to A+. read more | | |
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Pam Fletcher wants to change the way General Motors Co makes money. The veteran GM engineer's Global Innovation team is looking for new enterprises to expand the automaker's sources of revenue well beyond vehicle sales and is incubating ventures from commercial delivery services to vehicle insurance, to address future markets worth an estimated $1.3 trillion.... read more | | |
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UNPRI, a United Nations-backed network that promotes sustainable investment, is reviewing the status of Liberty Mutual as a signatory after receiving a complaint that the U.S. insurer is backing a coal project in Australia that has drawn fire from community groups worried about climate change and pollution. read more | | |
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Munich Re appointed a new Chief Legal Officer for its U.S. division. Everest Insurance named a new head of the company's Excess & Surplus Primary Casualty unit. read more | | |
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Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez Canal, industry sources said, with payouts expected to run into hundreds of millions of dollars. read more | | |
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| | New consumer trends reveal the path carriers can follow to thrive in this ... read more | |
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| | Now more than ever, insurance carriers are interested in using data science to ... read more | |
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| | Consumers don't take into account the fees that insurance companies have to pay ... read more | |
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| | Name and address are all you would need when an applicant comes to you for ... read more | |
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| | Many of us made big changes to the way we work this year. Whether your team is ... read more | |
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