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Today's Headlines September 1, 2021

The Way to Achieve True Digital Transformation in Insurance

Over the last several years, businesses across all industries have been busy implementing digital strategies and fundamentally changing how they operate and deliver value to customers. Yet, digital transformation is relatively new to insurance. With many carriers experimenting with technology to improve processes and generate new revenue streams, it is important to define what digital... read more
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Pandemic Risk: Finding the Opportunity in Liability

Liability insurers frequently use exclusions to help address emerging risks that are viewed as unpredictable, intractable and potentially very large. It comes as no surprise, then, that the emergence of SARS-CoV-2, the virus causing COVID-19, has led many insurers to add exclusions meant to remove viruses from the scope of their insuring agreements. Simultaneously, scientific... read more
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 Brand Spotlight 
How P&C Insurers are Driving Customer Loyalty through Digitization

Customer loyalty is no longer a given, especially in the highly competitive property and casualty market. If they're faced with a tedious application or struggle with a claim, it can push them to search for a new insurer. According to our "2020 Insurer's Compass Report," ...read more
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Chubb Unit Disputes Aspect of Boy Scouts Sex Abuse Settlement, Complicating Resolution

A dispute over whether a unit of insurance giant Chubb Ltd. must contribute to a trust fund for sexually abused Boy Scouts is complicating talks to end the youth group's bankruptcy case. read more
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Carriers Marketing Usage-Based Auto Insurance Have Multiple Obstacles to Overcome: S&P Analysis

Usage-based personal auto insurance may be drawing ever-increasing attention. Its wider adoption is stymied, however, by customer age and demographics, privacy concerns, misunderstanding about the technology and even contentment with existing coverage, according to a new analysis from Standard & Poor's Global Market Intelligence. read more
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Zurich Insurance Appoints Mantero as New Group Chief Strategy Officer

Zurich Insurance Group named a new Group Chief Strategy Officer, promoting from within. Paolo Mantero, currently Chief Financial Officer Commercial Insurance, will take on the job effective January 1, 2022. He'll report to Mario Greco, Group Chief Executive Officer. read more
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Ida's Floods and Outages Hamper Energy Firms' Restart Efforts

Widespread flooding, power outages and debris-strewn roads slowed recovery efforts by energy companies on Tuesday after Hurricane Ida ripped into oil production facilities, ports and refineries. read more
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'Mission: Impossible' Film Studio Sues Insurer Over Lack of COVID Shutdown Payments

Production on the new "Mission: Impossible" movie was shut down seven times due to the coronavirus pandemic, according to a lawsuit filed on Monday that accuses the film's insurance company of failing to pay out for all but one of the costly stoppages. read more
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As COVID Cases Rise Again, U.S. Business Travelers Scale Back Travel Plans

With the COVID-19 Delta variant pushing infections higher again, U.S. business travelers are scaling back their travel plans, a new survey has determined. 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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Ransomware and Aggregation Issues Call for New Approaches to Cyber Risk

Cyber insurance has become a significant issue for insurers. From being a ...
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How Insurers Can Launch A Direct-to-Consumer Sales Model in 60 Days or Less

Want to add a direct-to-consumer distribution channel to your sales line-up? ...
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Insurance in the Age of Instinct

Insurers are facing a moment of truth. How they respond today will lay the ...
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Business Email Compromise: 2021 Global Threat

Business email compromise, or BEC – defined as a fraud tactic using email to ...
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Media

‘Courageous Conversations’ Leading Change

InsurTech Newsletter


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