Insurance House UAE

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...

Claims, Insurance Technology

PRnewswire | April 27, 2023

Clearcover Insurance Company, the next-generation car insurance company, today announces it has launched an innovative embedded insurance solution in which consumers receive final, bindable quotes when they shop via Experian's® auto insurance comparison shopping service. This initiative supports Clearcover's strategy to fuel growth in its distribution channels and complements Experian's consumer-centric approach to its products. "We're redesigning the in...

Risk Management

Verikai | September 07, 2022

Insurance technology startup, Verikai, launches Med/Rx to build on their existing product base and further optimize the underwriting process for their carrier clients. Verikai uses machine learning models to give insurers a deeper view of risk, using extensive clinical and behavioral data to create risk scores. Now, with the addition of Med/Rx, carriers will be able to run group reports through Verikai's platform to establish a baseline of high-cost conditions and prescriptions that appear i...

Risk Management, Life Insurance

Businesswire | July 04, 2023

Nassau Financial Group, L.P. (“Nassau”) today announced that its subsidiary, Nassau Life Insurance Company (“NNY”), has completed the acquisition of Delaware Life Insurance Company of New York (“DLNY”) from Delaware Life Insurance Company (“Delaware Life”), a Group 1001 company. NNY and DLNY are New York-domiciled life insurance companies, and Nassau plans to merge DLNY into NNY. “It has been our pleasure to work w...