ICBC (Insurance Corporation of British Columbia

Insurance Technology

Trust Insurance Cyprus, eBaoTech | February 09, 2021

eBaoTech Corporation (eBaoTech), declared that Trust Insurance Cyprus, an auxiliary of Trust Holding, effectively dispatched, on January 17, 2021, eBaoCloud® DigitalCoreTM (DigitalCore) underway for start to finish life cycle tasks of its general insurance business, supplanting an inheritance framework that has been being used for quite a long time. Since its dispatch, the new stage has been working easily with solid client fulfillment and activity effectiveness help. Settled ...

Berkshire Hathaway | February 24, 2020

Berkshire Hathaway Inc. may have bounced back big-time in the fourth quarter of 2019 – from a US$25.4 billion net loss in the same quarter in 2018 to net earnings attributable to shareholders of US$29.2 billion this time around – but the same can’t be said about the group’s insurance underwriting result. In a release over the weekend, the multinational conglomerate reported an operating loss of US$857 million for insurance underwriting. Berkshire’s insurance investm...

Automobile Insurance

Verisk | October 17, 2022

The number of electric vehicles sold in the UK and Ireland continues to rise. The risk profile of cars on the road is changing, making access to technical electric vehicle data critical for insurers and brokers. To help support strategic underwriting and pricing decision making, Verisk (Nasdaq: VRSK), a leading global data analytics provider, announced the launch of its Electric Vehicle Database for the UK and Ireland. Verisk’s Electric Vehicle Database is a proprietary, tec...

Core Insurance

SECURIAN FINANCIAL | September 30, 2022

To provide greater assistance to employees growing their families, Securian Financial in a first among insurance carriers is adding “BenefitBump” as a value-added service. The BenefitBump service can be used with Securian Financial’s group hospital indemnity insurance issued by Securian Life Insurance Company. BenefitBump improves outcomes for both employers and employees by helping growing families navigate their employers’ benefits and time off programs t...