IIR

Considering AI and Real-World Consequences

The need for guardrails and effective governance mechanisms has likely never been greater than it is now, lest insurance carriers land on the front page of the Wall Street Journal for all the wrong reasons.

Posted: Jan 26, 2025

Creating Products that Customers are Desperate for at Boston Mutual Life

Director of Innovation Natalie Neelan talks about coming up with viable, desirable and feasible ideas, and communicating their value internally.

Posted: Jan 23, 2025

LA Wildfires: A Tipping Point for the Insurance Industry?

This may well be the tipping point for a complete transformation of the property insurance market and the federal and state agencies who need to become part of the solution.

Posted: Jan 23, 2025

Work From Home Must Be a Two-Way Street

Successful WFH requires being passionately dedicated to constant, open, honest, transparent, two-way sharing of information between employers, employees and customers/stakeholders.

Posted: Jan 19, 2025

The LA Fires: Loss Control, Pricing Properly, and the California FAIR Plan

If anything good is to result from the personal and financial tragedy that is the 2025 Los Angeles fires, both the public and private sector should focus on better loss control, pricing properly, and putting the FAIR plan on a sound actuarial foundat...

Posted: Jan 13, 2025

5 Trends: How the Insurance Industry Can Navigate a Dynamic 2025 Marketplace

The continued growth of AI and its rapid adoption by businesses and customers alike present exciting opportunities for innovation and growth, even as our industry continues to navigate the challenges of inflation and difficult markets.

Posted: Jan 12, 2025

GlobalData PLC Acquires Celent: A Data-Driven Future for Insurance Advisory

Data-driven insights and expertise combine as GlobalData PLC acquires industry analyst firm.

Posted: Jan 09, 2025

Charles Taylor Opens Office in Rio de Janeiro

The Rio de Janeiro office represents the adjusting proposition of Charles Taylor’s Natural Resources Team, which offers tailored services for complex claims in the energy, mining, and natural resource sectors.

Posted: Jan 09, 2025

SBLI Partners with Swiss Re to Enhance Underwriting Innovation with Ease

The Underwriting Ease solution is a state-of-the-art digital tool that summarizes key aspects of risks to underwriters, accelerating decisioning beyond automation.

Posted: Jan 08, 2025

Deep Vector Raises $1.5M for AI-Driven Insurance Data Extraction Solution

Over 30 of the top 100 insurance brokerages and many carriers, underwriters, MGAs, and brokers have adopted the technology of the company formerly known as Loss Scan.

Posted: Jan 08, 2025

Farm Bureau Insurance Company of Idaho Selects Akur8’s Core Platform Solution

The solution will enhance predictive modeling to improve the insurer’s actuarial team’s efficiency and accuracy, empowering them to deliver better, more informed pricing decisions.

Posted: Jan 07, 2025

BetterLife and CSA Fraternal Life Announce Merger Plan

The organizations will leverage community values, Czech and Slovak heritage for future growth.

Posted: Jan 07, 2025

Ascot Names Bruce Sikorski Group Head of Corporate Services

Sikorski will be responsible for overseeing the day-to-day operations of Ascot’s global facilities, ensuring optimal functionality, safety, sustainability and consistency across sites.

Posted: Jan 07, 2025

Sollers, mea Platform Partner to Promote Underwriting and Claims Automation

The companies aim to improve underwriting and claims management and accelerate the associated processes in the London Market.

Posted: Jan 07, 2025

Evolution Risk Partners Boosts Risk Projection Capabilities with Gradient AI

The MGU fills gaps in data and claims with AI-driven insights to offer tailored solutions for customers seeking alternative funding options.

Posted: Jan 06, 2025

OWIT Global Announces Alternative Delivery Models

The vendor now delivers solutions via SaaS, client on-premise/VPC, and as a hybrid—part hosted, part on-premise/VPC.

Posted: Jan 06, 2025

FM Announces Acquisition of Velocity Specialty Insurance Company

Through the transaction, FM will acquire a leading excess & surplus insurance business to expand and enhance its current and future solutions.

Posted: Jan 06, 2025

Old Republic Launches Cyber and Technology Underwriting Company

The new company, Old Republic Cyber, Inc., will focus on providing specialized Cyber- and Technology-related coverage.

Posted: Jan 05, 2025

Earnix Joins MGAA to Support Innovation and Growth in the MGA Sector

The Managing General Agents Association is a prominent association representing over 400 MGAs across the U.K. and the Republic of Ireland.

Posted: Jan 05, 2025

New Beginnings: Insurance Innovation 2025

Overestimating the impact of changes in the short term, while underestimating them over the long haul could be a fateful mistake for IT leaders and the companies they support now.

Posted: Jan 05, 2025

Blink Parametric Launches Flight Disruption Coverage with Zurich Indonesia

The ‘FlyEasy’ parametric cover is now available on Zurich Indonesia’s Travel Product, via the Zurich Edge platform, offering real-time lounge access for delayed flights.

Posted: Dec 19, 2024

Northwestern Mutual Names Dave Gordon Chief Digital and Information Officer

Gordon succeeds Christian Mitchell, who recently stepped down from his role as executive vice president and chief digital and information officer to pursue new opportunities.

Posted: Dec 19, 2024

Cytora and Moody’s RMS partner on Weather, Climate, NatCat Risk

Moody’s RMS Location Intelligence API provides catastrophe peril insights in over 100 countries and will be integrated directly into Cytora’s risk processing platform.

Posted: Dec 19, 2024

Cytora and Moody’s RMS Partner on Weather, Climate, NatCat Risk

Moody’s RMS Location Intelligence API provides catastrophe peril insights in over 100 countries and will be integrated directly into Cytora’s risk processing platform.

Posted: Dec 19, 2024

Tokio Marine North America Services Selects Earnix

With Earnix TMNAS will develop a centralized rate repository with access to sophisticated pricing and rating strategies, ensuring speed-to-market for the business TMNAS manages.

Posted: Dec 18, 2024