Insurance

From paper-based to truly digital: how AI can transform the underwriting process

This article was produced in partnership with Accenture. Gia Snape of Insurance Business, sat down with Michael Reilly, principal director...

AmTrust exec: Small commercial insurance is late to the party

Digitization in personal insurance has made great strides. But commercial insurance – particularly on the small business side – has...

Commercial, personal lines rates up in Q3 – MarketScout

The composite rates for both commercial and personal lines rose in the third quarter, according to new data from MarketScout....

Farmers names next CEO

Farmers Group, a subsidiary of Zurich Insurance Group, has announced that it has appointed Raul Vargas as its new president...

Industry leader on the places an insurance career can take you

“Oh, the places you’ll go”. Discussions around the places a financial services career can take you and the range of...

Hurricane Ian: Emergency response CEO shares first-hand tale

Meteorologists sounded the alarm over Hurricane Ian long before the powerful storm was due to hit the southwest of Florida....

Where does customer contentment start?

Taking care of your employees helps boost customer contentment, Raution Jaiswal argues. “If you want to make your customers happy,...

Accenture acquires Chicago-based tech services provider

Accenture has announced the acquisition of Chicago-based Blackcomb Consultants, an independent Guidewire partner in North America. The terms of the...

Investors approach insurtech MGAs with newfound caution

MGAs - once a reliable venture capital insurtech investment draw – may have lost their luster. Managing general agents are...

What’s holding insurers back from embracing insurtech?

Legacy systems are often blamed for the reason the insurance industry struggles to fully modernize. Many incumbent insurers have outdated,...

Selective Insurance to remove personally identifiable info from totaled vehicles

In recognition of October’s designation as Cybersecurity Awareness Month, Selective Insurance has announced that it will remove personally identifiable information...

Insurers “run risk” of relying on government cyber warfare declarations

Savvy underwriters will shun LMA clauses and adopt exclusions that do not rely on government declarations if they wish to...