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Today's Headlines July 12, 2021

Take a Growth Pause: Advice for Regional Mutuals and Specialty Insurers

When you are in the early stages of starting your company, your one focus is to get things rolling. To do that, you prioritize: raising capital, getting your Certificate of Authority, obtaining reinsurance and, of course, growing the policy count. And don't forget about agent licensing, regulatory compliance, hiring people, and all of the systems,... read more
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Bridging the Disability Gap

Failure to ensure your company is accessible to people with disabilities can affect your talent pool and your bottom line, warned Jenny Lay-Flurrie, Microsoft's chief accessibility officer, during a panel on Accessibility Insights at the IICF Inclusion in Insurance Forum in June. Lay-Flurrie, who is deaf, said that accessibility is a factor whether she's choosing... read more
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 Brand Spotlight 
Supercharging Usage-Based Insurance with DrivingDNA®

Usage-based insurance (UBI), once considered a fringe auto product by some, has found its way into the spotlight. Changes in mobility trends during the pandemic have increased consumer demand for UBI. In response, many insurers are adopting UBI as a strategic imperative, and seeking this...read more
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Europe, U.S. and Canada Slammed by Record Weather Catastrophes in June: Aon

June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon's latest natural catastrophe report. read more
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Why Rapid Cyber Rate Hikes Will Continue for Some Time

While global commercial insurance rate hikes are starting to moderate, cyber seems likely to be an outlier for some time to come. read more
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EU OKs $30B Aon/Willis Towers Watson Merger; U.S. Roadblocks Remain

The European Commission has approved the acquisition of Willis Towers Watson by Aon, lifting a major roadblock to the proposed $30 billion merger. But there are more roadblocks to overcome. read more
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Daily Mail in Discussions to Sell Catastrophe Modeling Firm RMS

Daily Mail and General Trust Plc (DMGT) said it is in discussions to sell its catastrophe modeling insurance unit, RMS, following a number of third party inquiries. DMGT said discussions are ongoing and there is no certainty that a transaction will result. However, if a deal is completed, the sale would take place in the... read more
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Allianz Investment Arm Plans to Slash Investment in Some Coal Businesses

Allianz Global Investors plans to curtail investments in certain coal businesses by the end of the year. read more
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Executives On The Move at Chubb and AXIS

Chubb's Westchester division promoted an executive to a new role. AXIS Re appointed an executive to a leadership role within its AXIS Re Strategic Partners division. read more
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Strategy Sessions Is Coming - A Free Monthly CM Webinar Show

We're starting something new at Carrier Management - a free monthly webinar show called Strategy Sessions. Our debut episode is scheduled for Tuesday, Aug. 17, with a focus on Embedded Insurance. read more
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Research and Webinars

Concrete steps and tactics for improving policyholder relationships

Against the backdrop of digital transformation and the pandemic, insurers can ...
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Executive panel explores the balance between automation and the human touch

Striking the right balance between automation and the human touch is a top ...
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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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47% of American adults report falling victim to identity theft. Read full report.

Identity thieves are increasingly targeting non-financial accounts, including ...
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Industry Survey: Managing Distribution Onboarding in the Digital Era

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

IJA Aftershow: Patrick Wraight

InsurTech Newsletter


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