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Zurich | January 14, 2020
Zurich Insurance Group has got its hopes up as far as commercial insurance pricing is concerned – something the major insurer has not felt in a long while. Current market conditions are helping reverse declining commercial insurance premiums, with the combination of inadequate supply and higher disaster payouts giving providers leverage come renewal time. “The last time this kind of market really existed was in 2002,” Bloomberg cited Zurich’s commercial insurance chief ex...
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Heritage | November 29, 2021
Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, announced today that it has entered into a strategic partnership with Slide, a startup InsurTech P&C carrier led by Bruce Lucas, Heritage's former Chairman and CEO, providing it with enhanced technological capabilities and allowing it to participate in the InsurTech sector's upside. Partnership provides Heri...
The American Transportation Research Institute | February 18, 2022
The American Transportation Research Institute (ATRI) today released a new report analyzing trucking industry impacts from the rising costs of insurance. This analysis, a top priority of ATRI's Research Advisory Committee, utilized detailed financial and insurance data from dozens of motor carriers and commercial insurers. The report assesses immediate and longer-term impacts that rising insurance costs have on carrier financial conditions, safety technology investments and crash...
IBM | June 04, 2020
Administration of 800,000 individual life insurance contracts transitions to IBM's Open Insurance Platform. Outsourcing with subsequent renewal options designed to help Aegon to modernize policy administration and realize long-term customer...
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