Pot grower without extinguishing system not entitled to cover in fire
Cannabis, Coverage Disputes, P/C Insurers
Heritage fully places catastrophe excess-of-loss for subsidiary companies
Heritage has fully placed its 2022-2023 catastrophe excess-of-loss reinsurance program for its Heritage Property Casualty Insurance Company, Narragansett Bay Insurance Company, and Zephyr Insurance Company subsidiaries.
Scalable Capital moves into crypto trading
Digital wealth management platform and online broker Scalable Capital has rolled out investor access to cryptocurrencies via regulated stock exchanges in Germany.
Munich Re names head of public entity risk solutions
P/C Insurers, Reinsurance Munich Re, SCOR, Swiss Re
AXA XL adds three to its cyber incident response team in North America
AXA XL has added Jeanelle Dawes-Ghee, Yelizaveta (Liz) Veys, and Bridget Mead as claims specialists to its cyber incident response team in North America.
Update insurtech in tandem with laws
Excess and Surplus Lines, P/C Insurers, P/C Legislation and Regulation, Regulation, Technology
Fujitsu trials gen-AI for Japanese banks
Japanese technology giant Fujitsu is to conduct trials into the use of generative AI (gen-AI) for banking operations.
APP scam reimbursement plans are “fundamentally flawed” say MPs
UK lawmakers says proposals to hand responsibility for scam reimbursement to a body sponsored by the banking industry are “fundamentally flawed”.
AFP: Business continuity starts with careful plans
A series of tough questions greeted a room of just-arrived attendees to AFP in Nashville, Tennessee before the keynote address from Malcolm Gladwell who delved into weighty matters, exploring anecdotes and examples from his new book Revenge of the Tipping Point.
QBE to roll out products from CyberCube
Australia-headquartered insurer and reinsurer QBE has announced plans to roll out a range of products from cyber risk analytics firm CyberCube, including its Account Manager and Portfolio Manager platforms.
Chubb wins ruling against Admiral over construction settlement
Construction, Coverage Disputes, P/C Insurers Chubb Ltd.
Mastercard invests $300m in Corpay cross-border business
Mastercard is paying $300 million for a three per cent stake in the cross-border business of corporate payments outfit Corpay.
RGA enters global life and health reinsurance partnership with DigitalOwl
Reinsurance Group of America, Incorporated has announced a strategic investment and exclusive global life and health reinsurance partnership with insurance technology company DigitalOwl.