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ARCHIVED NEWS


    AZ INSURANCE REGULATOR WARNS OF PHISHING SCAM TARGETING INSURANCE PROFESSIONALS

    Sep 16, 2019

    Arizona’s Department of Insurance (AZDOI) has sent an email to all insurers operating in the state which warns them of an ongoing phishing scam. The regulator has warned that email messages falsely claiming to be from the National Association of Insurance Commissioners (NAIC) are being sent to...

    INSURANCE BUSINESS MAGAZINE
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    VISA TO COLLABORATE WITH INSURERS TO DIGITISE CLAIMS PAYOUTS

    Sep 16, 2019

    With the aim of cutting down on the time-consuming process of claims payouts, global financial services company Visa is partnering with insurers to develop near real-time access to insurance payments. Visa will utilize its real-time push payments platform, Visa Direct, to facilitate the funds disbur...

    INSURANCE BUSINESS MAGAZINE
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    REVVED UP AUTO INSURANCE FOR SUPERCARS

    Sep 16, 2019

    Imagine being one of the few lucky supercar fans to own a Bugatti Chiron. It has been described as a king among supercars – a fitting title considering its top speed of 261mph, its market rarity (only 500 were released for the first generation), and its astronomical price tag of around $2.6 mi...

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    QBE LAUNCHES ENHANCED ORGAN TRANSPLANT COVERAGE

    Sep 13, 2019

    QBE North America has announced the launch of an enhanced organ transplant (OT) product designed to provide policyholders with nationwide access to transplant Centers of Excellence and transplant nurse navigators. QBE’s policy provides policyholders with insurance coverage for all major solid ...

    INSURANCE BUSINESS MAGAZINE
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    CHUBB LAUNCHES SERVICE TO WIPE PERSONAL DATA FROM CARS FOLLOWING ACCIDENTS

    Sep 13, 2019

    Chubb has launched a new service to help its personal auto clients remove sensitive electronic information from their vehicles in the event of an insured total loss. The service is designed to wipe sensitive personal information associated with a range of devices, including GPS data, phone contacts,...

    INSURANCE BUSINESS MAGAZINE
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    ASSUREDPARTNERS LONDON ENTERS THE WORLD OF M&A INSURANCE

    Sep 13, 2019

    AssuredPartners London now has a mergers and acquisitions (M&A) insurance division. The unit comes to life with the appointment of Ben Crabtree and Felix Sloman, who are both making the switch from JLT Specialty. They are slated to join AssuredPartners London towards the end of the year. “...

    INSURANCE BUSINESS MAGAZINE
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    AXA XL ENTERS PARTNERSHIP WITH INSURTECH, EXPANDS PRIVATE RESIDENTIAL FLOOD

    Sep 12, 2019

    AXA XL has entered a strategic underwriting partnership with all-digital flood insurance program administrator Neptune Flood Insurance. The partnership will expand Neptune Flood Insurance’s capacity to homeowners in the US, a release said. “Private residential flood insurance in the US h...

    INSURANCE BUSINESS MAGAZINE
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    ZURICH INTRODUCES ‘FAMILY-FRIENDLY’ POLICIES FOR UK STAFF

    Sep 12, 2019

    “Fundamentally, it’s about doing what’s right for our employees,” is how Steve Collinson, Zurich’s head of human resources in the UK, puts it as the insurer introduces family-friendly policies for its 4,500-strong workforce in Britain. The policies include an equalized ...

    INSURANCE BUSINESS MAGAZINE
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    FLINT INSURANCE FORMS NEW PRACTICE

    Sep 12, 2019

    Flint Insurance has something new to offer. The commercial insurance broker, with offices in Orrington and Chelmsford, has launched its media, entertainment, and technology (MET) proposition. The freshly formed practice will not only assist businesses with their corporate insurance needs but also pr...

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    APOLLO INSURANCE SOLUTIONS ARRIVES IN THE US MARKET

    Sep 11, 2019

    Canadian insurtech Apollo Insurance Solutions has officially entered the US market by offering a liability insurance product aimed at educators in California. The product enables consultants, instructors, and therapists to purchase the liability coverage required by their school districts. Jigsaw, a...

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    PINGAN PARTNERS WITH INDONESIAN INSURER IN TECH VENTURE

    Sep 11, 2019

    PingAn’s OneConnect has entered an agreement with Indonesian insurer Asuransi Sinarmas to bring the former’s technological advancements to the fast-growing Southeast Asian market. The memorandum of understanding was signed by Bi Wei, CEO of OneConnect’s insurance division and Njoma...

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    HONG KONG INSURANCE AUTHORITY HOSTS BELT AND ROAD FORUM

    Sep 11, 2019

    The Insurance Authority (IA) of Hong Kong has hosted a forum highlighting the importance of risk management in projects under Beijing’s Belt and Road Initiative (BRI). The forum, which was held on September 11 during the 2019 Belt and Road Summit at the Hong Kong Convention and Exhibition Cent...

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TRENDING NEWS


    TECH PROVIDER ANNOUNCES ONLINE PLATFORM FOR INSURANCE SECTOR

    Oct 16, 2019

    Quantemplate Technologies Ltd. on Wednesday announced the general availability of its online data platform for insurance brokers and underwriters, together with increased funding. The Quantemplate platform helps with the automated ingestion, storage and preparation of data sets, according to an emai...


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    APPLIED SYSTEMS ACQUIRES POLICY WORKS

    Oct 15, 2019

    Applied Systems announced Tuesday it has acquired Policy Works, a major platform for commercial lines business in Canada.The acquisition will extend Applied’s position within the commercial lines market segment, driving greater connectivity and automation for commercial lines brokerages and in...


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    ALLSTATE INTRODUCES COMPETITIVE AUTO INSURANCE RATES IN WI

    Oct 15, 2019

    Allstate is introducing competitive auto insurance rates for new customers in the state of Wisconsin.
    A release explained that the new rates “reflect a renewed commitment” to serving the state’s drivers. The adjusted rates came into effect October 14, 2019.“Supporting ...


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    TRUMP CALLS OUT LOUISIANA'S HIGH CAR INSURANCE RATES

    Oct 11, 2019

    President Trump on Friday blasted Louisiana for its high car insurance rates, ahead of a rally to support the Republican candidate in the state's governor's race. I will be in Louisiana tonight to get Republicans to vote for either of our two great Republican Candidates and force a runoff wi...

    FOX BUSINESS NETWORK
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    CYBER INSURANCE WILL RESHAPE CYBERSECURITY

    Oct 11, 2019

    Cybersecurity is broken. It’s a bold statement, but given the increasing frequency of cyber breaches, along with the presence of more varied and evolving threats, there is growing uncertainty about the ability of the cybersecurity industry to protect its customers. There is virtually no compan...

    INSURANCE JOURNAL
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    PIACT, CTYIP HONOR CONNECTICUT INSURANCE PROS

    Oct 07, 2019

    The Professional Insurance Agents of Connecticut (PIACT) and its affiliated organization the Connecticut Young Insurance Professionals (CTYIP) have announced several awards for Connecticut insurance professionals. The awards were distributed at last week’s CTYIP industry-wide Golden Gala Award...


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    PERSONAL CRYPTOCURRENCY INSURANCE VITAL IN GROWING MARKET

    Oct 07, 2019

    The US cryptocurrency market has grown by 48% in the past year, with 6.72 million new crypto asset holders joining the space, according to cryptocurrency insurer, Nobl Insurance. The attractions are obvious: digital assets are exciting and oftentimes highly valuable, but they’re also volatile,...


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    RELATION INSURANCE BUYS OUT PREMIER CONSULTING PARTNERS

    Oct 04, 2019

    Relation Insurance Services has acquired Premier Consulting Partners in Tulsa, OK, a privately-owned insurance brokerage. Founded in 2014, Premier offers insurance solutions such as employee benefits, property and casualty, risk management, and human resource services. Premier has about 40 employees...


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    CONVEX INSURANCE GAINS REGULATORY APPROVAL TO WRITE E&S IN THE US

    Oct 04, 2019

    International specialty re/insurer Convex Group has revealed that its UK-based insurance company, Convex Insurance UK Limited, has been cleared to write excess and surplus (E&S) lines across the US. Convex Insurance UK has been added to the National Association of Insurance Commissioners’ ...


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    AGCS REVEALS NEW GLOBAL HEAD OF REINSURANCE AND CATASTROPHE RISK MANAGEMENT

    Oct 01, 2019

    Allianz Global Corporate & Specialty SE (AGCS) has appointed Hyeji Kang (pictured) as global head of reinsurance and catastrophe risk management, effective October 01. She succeeds Bernhard Arbogast, who will retire at the end of May 2020. Kang reports to chief financial officer Claire-Marie Cos...


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    RISK STRATEGIES MOVES IN TO ACQUIRE PRIVATE CLIENT INSURANCE FIRM IN NY

    Oct 01, 2019

    Risk Strategies has acquired New York City-based firm Bedrick-Kaitz Agency (BKA). Terms of the transaction were not disclosed. BKA is a firm focused on supporting high-net-worth individuals and businesses throughout the country. Aside from offering customized policy programs – with a specialty...


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    MARSH REVEALS CYBER CATALYST-DESIGNATED PRODUCTS

    Sep 26, 2019

    Global insurance broker and risk adviser Marsh has announced the inaugural class of cybersecurity products receiving a Cyber Catalyst designation. The designation is “part of a first-of-its-kind program designed to bring organizations greater clarity in the crowded cybersecurity marketplace,&r...

    INSURANCE BUSINESS MAGAZINE
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SPOTLIGHT

In this clip from Wealth Matters radio show, Andy Siegel, President of Siegel Insurance, Inc talks about the different types of life insurance. WEALTH MATTERS is a monthly radio show and podcast where the attorneys at Gaslowitz Frankel LLC discuss the opportunities and challenges associated with pre

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