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| | | Insurance: Accelerating for tomorrow | | How is digital transformation the future of insurance? Are Cloud, IoT or AI key? Hear from a panel of insurance experts at The Economist's webinar this March 31st. | | | | The Economist | |
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Today's Headlines | March 22, 2021 |
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Analysts and observers have been generally positive about the idea of Chubb buying The Hartford, suggesting the combined company would offer both value and significant marketplace clout. Such a move could also create significant disruption in the personal lines space, one expert said. read more | | |
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While Chubb's $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many, one experienced industry observer has a different take on it. read more | | |
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Telematics — specifically usage-based insurance rates (UBI), or "pay-as-you-drive" — has proven to be a game-changer in the auto insurance industry. In a May 2020 customer sentiment survey, J.D. Power found that 40% of drivers were contemplating UBI due to the potential cost savings. In a ... read more | | |
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Carrier vs. MGA. U.S. vs EU. Specialty niche vs. traditional insurance lines. There are many things that distinguish one InsurTech from the next, including financial metrics like internal rates of return, but representatives of venture capital firms say that founders who clearly can communicate a long-term vision are the ones that stand out when they... read more | | |
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Organizers of the reinsurance Rendez-Vous de Septembre (RVS) have decided to cancel this year's conference as a result of the ongoing COVID-19 pandemic, just as they did in 2020. read more | | |
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Florida's insurer of last resort, Citizens Property Insurance Corp., has become the insurer of first resort as thousands of new policies flood into it each week and the private homeowners insurance market continues its downward spiral. read more | | |
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AM Best became a signatory of the United Nations Environment Programme's (UNEP) Principles for Sustainable Insurance (PSI). read more | | |
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Google's plan to block a popular web tracking tool called "cookies" is a source of concern for U.S. Justice Department investigators who have been asking advertising industry executives whether the move by the search giant will hobble its smaller rivals, people familiar with the situation said. read more | | |
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A new algorithm-based study by a group of UK universities has predicted that 63 countries – roughly half the number rated by the likes of S&P Global, Moody's and Fitch - could see their credit ratings cut because of climate change by 2030. read more | | |
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| Sprinklers prevent costly property damage. Mitigate risk, educate customers, ... 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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| Consumers don't take into account the fees that insurance companies have to pay ... read more | |
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| Digital innovation is reshaping payments in the insurance industry. ... read more | |
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| Is your insurance organization prepared to meet the heighted expectations of ... read more | |
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