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| | | | | | | IAA Solves Loan Payoff Challenges | | | | IAA Loan Payoff™ streamlines the process and eliminates the challenges and inefficiencies associated with total loss auto lein transactions. | | | | | | | | IAA, Inc. | | |
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| Today's Headlines | November 23, 2021 |
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Why is it so hard for property/casualty insurance carrier professionals to accept the idea that InsurTechs are bringing value to the insurance industry—and changing it for the better? I have found myself asking question whenever we publish an article in which an executive criticizes InsurTechs, an article about profit struggles of publicly traded InsurTech carriers... read more | | |
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When we say "core systems" in our industry, we are typically referring to the critical software applications that are core to an insurer's business operations, mainly the policy, claims and billing management functions. While this level of automation is enough to keep a carrier operating, it is missing a critical function within every insurer: underwriting... read more | | |
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Wildfire behavior in 2021 has been historic amid persistent and severe drought conditions across the western United States. In California, fires crossed the Sierra Nevada Mountains for the first time on record. They also closed in on resort properties near Lake Tahoe, contributing to additional ... read more | | |
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While the hard market is continuing at "a tempered pace," with continued deceleration of price increases for many commercial insurance lines, "in Q2 we might even begin to see rate decreases," a broker executive said. In a video presentation published along with Willis Towers Watson's 2022 Insurance Marketplace Realities report, Jon Drummond, Head of Broking,... read more | | |
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Globally and across industries, companies looking for successors to their chief executives are increasingly looking beyond the traditional CFO and COO titles as they evaluate prior C-suite experience. According to a new report from executive search firm Heidrick & Struggles titled, "2021 Route to the Top," nearly one-third of CEOs with previous C-suite experience appointed... read more | | |
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U.S. Federal Reserve Chair Jerome Powell underscored his commitment to putting climate change at the center of the central bank's policymaking decisions during his conversations with President Joe Biden, the White House said on Monday. Biden on Monday renominated Powell, a Republican, to another four-year stint at the helm of the Fed, disappointing Democratic progressives... read more | | |
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Resilience, which offers cyber insurance and security solutions, reported that that it closed an $80 million Series C funding round as it plans for further middle market expansion and international growth. The funding round was co-led by General Catalyst and Corey Thomas of Rapid7, with participation from Lightspeed Venture Partners, Founders Fund, Charles River Ventures,... read more | | |
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Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger -- and possibly more destructive -- because of climate change, scientists said. Columns in the atmosphere hundreds of miles long carry water vapor over oceans from the tropics to more temperate regions in amounts more than double... read more | | |
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Reinsurance broker Guy Carpenter and insurance broker Marsh, both businesses of Marsh McLennan, said they are combining their South Africa facultative reinsurance operations into a single business, effective January 1, 2022. The new unit will operate under the Guy Carpenter brand. According to the announcement, the move is part of Guy Carpenter's strategy to expand... read more | | |
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| | Future economic fundamentals may produce tailwinds for insurers seeking to ... read more | |
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| | Simplicity and efficiency for commercial auto. Two key business drivers for ... read more | |
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| | Business email compromise, or BEC – defined as a fraud tactic using email to ... read more | |
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| | Join Dave McKenna, VP, IT & CISO from Upland Capital and OneShield's ... read more | |
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| | Accelerate competitiveness with a digital ecosystem. Revolutionize your ... read more | |
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