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United Risk’s Dan Malloy Talks Talent, Innovation and Underwriting Excellence

Risk & Insurance

Industry veteran Dan Malloy is hitting another gear as the CEO of United Risk. The post United Risk’s Dan Malloy Talks...

Posted: Nov 11, 2024

Navigating the Complexities of Life Sciences: Tory Agnich’s Vision for Proactive Risk Management

Risk & Insurance

Liberty Mutual’s Tory Agnich is bringing a life-long fascination with science into her new role as a middle market life sciences leader. The post

Posted: Nov 11, 2024

How Hiscox’ Mary Boyd Works to Unlock Insurance Opportunities Through Education

Risk & Insurance

Despite what some may view as market maturation, Mary Boyd and her colleagues at Hiscox think there is plenty of insurance business opportunity in the U.S. The post

Posted: Nov 11, 2024

Flood preparedness to benefit re/insurers & policyholders: Swiss Re Institute

Reinsurance News

While protective measures like dykes, dams, and floodgates can be expensive, their financial benefits can outweigh post-disaster rebuilding expenses by up to ten times, according to a new study from the Swiss Re Institute. The firm observed that e...

Posted: Nov 11, 2024

Allianz’s Pantea Vaziri Shares Her Collaborative Vision for the Future of Cyber Analytics

Risk & Insurance

Pantea Vaziri of Allianz Commercial is prioritizing the use of analytics to get ahead of cyber risk. The post ...

Posted: Nov 11, 2024

Leading with Curiosity: Nora Deveau’s Vision for a Dynamic Claims Culture

Risk & Insurance

Driving the transformation of a claims organization is no small task. Arch’s Nora Deveau seems up to the challenge. The post Le...

Posted: Nov 11, 2024

Empowering Resilience: Michelle Chia on Tailored Cyber Solutions at AXA XL

Risk & Insurance

AXA XL’s Michelle Chia has been in the cyber insurance space for quite some time. She has no plans to let the risk get ahead of her. The post

Posted: Nov 11, 2024

Championing Innovation: Ziad Tadmoury on FM Global’s International Growth Strategy

Risk & Insurance

London-based Ziad Tadmoury will be overseeing EMEA, Asia Pacific, Canada and specialty industries for FM Global. The post

Posted: Nov 11, 2024

CEA’s risk transfer and reinsurance program contracts to $8.5bn after non-renewals

Reinsurance News

The size of the California Earthquake Authority’s (CEA) reinsurance and risk transfer program has contracted by 7% to $8.5 billion after the entity opted against renewing $648.5 million of traditional reinsurance protection that expired at t...

Posted: Nov 11, 2024

PIB acquires French medical malpractice insurer BEA Group

Reinsurance News

PIB Group Ltd, a specialist insurance intermediary, has entered the French market with the strategic acquisition of medical malpractice insurance business BEA Group and its subsidiaries. This investment, representing PIB’s 100th deal, marked...

Posted: Nov 11, 2024

Cytora partners with Kroll to enhance digital risk processing for insurers

Reinsurance News

Cytora, a premier digital risk processing platform, has formed a strategic alliance with Kroll, a leading independent global risk and financial advisory firm. This collaboration will allow commercial insurance underwriters to obtain real-time repl...

Posted: Nov 11, 2024

Underinsured Gen Z seeks more coverage: GA

Reinsurance News

A recent survey by the Geneva Association reveals that appetite for more insurance is highest among Gen Z respondents (32%), particularly for private health and property insurance. The survey, conducted globally by the Geneva Association, polled 2...

Posted: Nov 11, 2024

Hannover Re lifts 2024 profit target as 9M net income reaches €1.8bn and losses fall within budget

Reinsurance News

Large European reinsurer Hannover Re has raised its profit target for 2024 on the back of a 30.4% rise in net income to €1.8 billion for the first nine months of the year, as the reinsurance service result increased by more than 36% to €2.1 billio...

Posted: Nov 11, 2024

Southlake Specialty enters into partnership with Risk Exchange, Accelerant

Reinsurance News

Southlake Specialty Insurance Company, part of the Texas-based Southlake Financial Group, which specialises in program-focused property and casualty (P&C) insurance, has entered into a partnership with Accelerant, the data-driven Risk Exchange...

Posted: Nov 11, 2024

Courtney Leimkuhler joins AIG Board of Directors

Reinsurance News

American International Group, Inc. (AIG) has elected Courtney Leimkuhler, co-founder and Managing Partner of Springbank, to its Board of Directors as an independent Director. An accomplished executive, Leimkuhler began her career in investment ban...

Posted: Nov 11, 2024

Helvetia partners with coinnect to launch Cyber Insurtech platform for enhanced risk management

Reinsurance News

Helvetia, a Swiss insurance provider, has partnered with Coinnect, a cyber risk management platform, to implement advanced Cyber Insurtech solutions that enhance cyber risk assessment and support clients in mitigating cybersecurity threats. Throug...

Posted: Nov 11, 2024

CRC Group welcomes four new professionals

Reinsurance News

CRC Group, a wholesale specialty insurance distributor in North America, has announced the hire of four new professionals to its team: Brian Mennes, Andrew Nash, Juliette Kelley and Matthew Walsh. Mennes has joined CRC Group’s Spring, TX office as...

Posted: Nov 11, 2024

The State of the P&C Insurance Market in Texas

Risk & Insurance

As carrier interest in The Lone Star State grows, understanding the current P&C challenges and getting better geographical exposure management and risk classification are paramount for success. The post

Posted: Nov 11, 2024

How to Help Construction Clients Navigate Wage and Materials Inflation

IA Magazine

Factors such as the Great Resignation, an aging workforce and economic fluctuations have widened the skills gap within the construction industry, pushing material and wage costs higher.

Posted: Nov 10, 2024

From the Front Lines: Real Estate

IA Magazine

"Although we may be coming out of one of the most difficult periods in insurance history, some areas might still see increasing premiums for another 12-18 months," says independent agent Guffy Wright. "Factors like claim volume, social inflation, wea...

Posted: Nov 10, 2024

Lessons From Helene and Milton: Insurance and Preparedness—Part 2

IA Magazine

The biggest lesson from Hurricanes Helene and Milton is that we need to start taking storm risks more seriously and focus on preparedness. Another weather disaster will happen.

Posted: Nov 10, 2024

Embracing Generative AI: A Balanced Approach

IA Magazine

Learn how generative artificial intelligence (AI) is enhancing business operations and how insurance agents help maintain a safe and ethical environment.

Posted: Nov 10, 2024

Four Key Steps for Seamless Migration to Your New CCM Platform

IIR

(Image source: Pixabay/Pexels.) Shifting from a legacy customer communications management (CCM) system to a modern CCM platform makes it possible to take advantage of the many benefits these systems deliver, such as improved efficiency, speed of digi...

Posted: Nov 10, 2024

Crum & Forster Introduces Professional Liability Insurance for CISOs

IIR

The policy offers coverage for CISOs who, despite their pivotal role in defending organizations against complex cyber threats, often lack the same protections given other senior executives.

Posted: Nov 10, 2024

FinLocker partners with FirstHome IQ

coverager

Radian Group is an investor in FinLocker.

Posted: Nov 10, 2024

News + Notes: RICO Lawsuits Rising, AV Safety Update and More

Risk & Insurance

A news compilation of the insurance and risk management happenings. The post News + Notes: RICO Lawsuits Rising, AV Safety Update and More

Posted: Nov 09, 2024

Beyond Silos: Strengthening Operational Resilience with Integrated Risk Management

Insurance Thought Leadership

Beyond Silos: Strengthening Operational Resilience with Integrated Risk Management Risk Management sradoms...

Posted: Nov 08, 2024

The Potential of AI in Claims Fraud Detection

Insurance Thought Leadership

The Potential of AI in Claims Fraud Detection From Our Partners sradomski

Posted: Nov 08, 2024

MassMutual backs Transaera

coverager

Transaera has developed a cooling solution using solid desiccants to reduce energy consumption by 40%.

Posted: Nov 08, 2024

High Inflation Grips Service Industries Even as Overall Rate Slows

Carrier Management

High Inflation Grips Service Industries Even as Overall Rate Slows While prices for most goods have bee...

Posted: Nov 08, 2024

Wildfire Near Los Angeles Burns Dozens of Homes

Carrier Management

Wildfire Near Los Angeles Burns Dozens of Homes Over 10,000 people were ordered to evacuate from a wi...

Posted: Nov 08, 2024

Hurricanes Linked to Higher Death Rates Years After Occurrence

Carrier Management

Hurricanes Linked to Higher Death Rates Years After Occurrence...

Posted: Nov 08, 2024

Louisiana Community Protest Approval Process for Ammonia Plant

Insurance Journal

ELKINSVILLE, La. (AP) — A dispute over a planned ammonia plant near a historic Black town in southeastern Louisiana ratcheted up a notch with a challenge to the state’s approval process. The battle over the plant is occurring despite the &#8230...

Posted: Nov 08, 2024

AI Thermostats Pitched for Texas Homes to Relieve Stressed Grid

Insurance Journal

Three of the biggest names in US home energy automation are coming together to offer some relief to the beleaguered Texas electrical grid. Power supplier NRG Energy Inc. is partnering with Renew Home LLC to distribute about 650,000 artificial intelli...

Posted: Nov 08, 2024