Critical Information for P/C Carrier Executives
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| | | | | | | Discover the formula | | | | A changing commercial auto market demands agility built on a digital ecosystem. Verisk's new white paper explores innovation strategies to get you there. | | | | | | | | Verisk | | |
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| Today's Headlines | July 27, 2021 |
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| Kin Insurance co-founder and CEO Sean Harper is aiming for the big leagues for his company, an InsurTech home insurance startup focused initially on catastrophe-prone regions. He envisions Kin, which launched in 2016, as becoming "iconic" - a significant competitor that plays a crucial role in its customers lives. A SPAC transaction is intended to help make that happen. read more |
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| There are an estimated 1.85 billion people with disabilities globally, with spending power of $490 billion in the U.S. alone. Friends and families of people with disabilities add another 3.3 billion potential consumers—consumers who are more likely to act on the perception of disability inclusion. (Source: "A Hidden Market: The Purchasing Power of Working-Age Adults... read more |
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| Agentero raised $13.5 million in new financing designed to boost and help expand its digital insurance network for agents. The California-based InsurTech, launched in 2017, is designed to help insurance agents access modern carriers and boost their revenue. read more |
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| With an insured price tag of €4 billion to €5 billion (US$4.7 billion to $5.9 billion), economic losses from Germany's recent floods are likely to be significantly higher, which highlights a sizable insurance "protection gap." read more |
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| Chubb announced that it has set up an aviation hub in Canada to develop further its domestic general aviation and non-major aerospace business. read more |
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| A U.S. judge on Friday gave the U.S. Federal Trade Commission until Aug. 19 to file an amended complaint in its antitrust lawsuit against Facebook Inc, an extension of three weeks from the previous deadline. read more |
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| W.R. Berkley Corp. gave the head of its Berkley Re Asia operations some added new responsibilities as part of a reorganization. Berkshire Hathaway Specialty Insurance appointed a former Chubb executive to head its General Casualty operations in the UK. read more |
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| A U.S. Federal Reserve divided over how to respond to fast-rising prices meets this week with the fresh complication of increased coronavirus infections and a global supply chain that, far from sorting out its problems, may be headed for more inflation-inducing trouble. read more |
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| Identity thieves are increasingly targeting non-financial accounts, including ...
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| Striking the right balance between automation and the human touch is a top ...
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| 83% of insurance CEOs say they are "concerned" about the speed of technological ...
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| For insurance companies providing a policy update, the cost of a double-digit ...
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| The insurance industry faces significant disruption from multiple fronts, ...
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