Insurance industry lauds early TRIA extension efforts
Cyber Risks, P/C Insurers, Property, Terrorism Aon, Marsh & McLennan, Willis Towers Watson
Sunbit fixed ops survey reinforces need for financing in service drive
Your customers’ need for financing might not just be prevalent in your dealership F&I office. The need could be significant in your service drive, too, based on a recently completed a survey of 1,100 fixed ops service professionals at more … [Read More]
Estonia’s LHV Group invests in core banking startup Tuum
Estonian financial services outfit LHV Group has invested €1 million in Tuum, its core banking platform provider.
Some energy insurance buyers seeing rate relief: Amwins
Agents and Brokers, Catastrophes, Cyber Risks, D&O, Emerging Risks, Energy, Excess and Surplus Lines, Property, Technology
UK Space Agency funds Howden to develop advanced biodiversity risk monitoring solution
Howden, the global insurance and reinsurance broking group, has secured funding under the UK Space Agency’s ‘Unlocking Space for Business Grant Call 2’ to develop an advanced biodiversity risk monitoring solution powered by satellite data and artificial intelligence (AI).
Virus hit like ‘moderately sized’ catastrophe: Liberty Mutual
Coronavirus, Emerging Risks, Financial Results, P/C Insurers Liberty Mutual
Skyward Specialty files IPO registration statement with SEC
Specialty insurance firm Skyward Specialty has confidentially submitted a draft registration statement with the US’s Securities and Exchange Commission (SEC) relating to an initial public offering of its stock.
Robo-advisor ‘Chloe’ launches in Japan
Hong Kong-based social trading startup 8 Securities has launched a mobile-only robo-adisory service targeting the millennial generation that constructs portfolios with exchange traded funds (ETFs) listed on the Tokyo Stock Exchange (TSE).
Arbol launches new wildfire parametric product for Western states
Continuing its expansion into further perils and geographies, Arbol has launched a new parametric wildfire insurance product for commercial and residential properties in high-risk wildfire regions in the U.S., with coverage limits up to $10 million.
How AI is redrawing the edges of risk in auto finance
The auto finance industry is entering a period of compressed margins, rising fraud exposure and shrinking back-office capacity. The gap between the…
Africa Specialty Risks energy division capacity increases to $38m
Pan-African focused reinsurance group, Africa Specialty Risks (ASR) has announced that its energy division capacity has increased to $38 million.
High-tech ancillary products drive F&I costs up 10%
Rising vehicle costs could prompt OEMs to scale back on high-tech add-on products in some models. Kevin Cullum, president of…
All lines but comp see premium renewal rate hikes in October: Ivans
Auto liability, General liability, P/C Insurers, P/C Pricing, Property, Workers Comp Coverage
Sandbar raises $4.8m for transaction monitoring software
New York City-based fintech startup Sandbar has launched its anti-money laundering, fraud and counter-terrorism risk detection software off the back of a $4.8 million seed round.