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Swiss Re | March 13, 2020

Swiss Re has launched its Digital Market Center as part of the reinsurer’s “strategic alliance” with Microsoft. Aimed at further advancing insurance innovation and extending financial protection to more people globally, the partnership features the new center which will help develop what were described as “next-generation, large-scale” tools designed to transform the way risks are predicted and managed. Leveraging Swiss Re’s risk knowledge and Microsoft’...

Sompo International | April 17, 2020

Sompo International Holdings is saying goodbye to insurance marketplace Lloyd’s of London. Starting January 2021, the specialty provider of property & casualty insurance and reinsurance will no longer write business from Endurance at Lloyd’s or Syndicate 5151. Sompo International said all renewals and new business will be written from Endurance Worldwide Insurance Limited, as the Bermuda-based insurer consolidates its London presence into one company market platform....

CyberCube | January 23, 2020

Cyber analytics company CyberCube is calling for the international insurance industry to take a greater role in shaping the cybersecurity landscape. The company recently published a report, entitled “Scoping a Cyber Catastrophe: Understanding the Societal Impact of the Fourth Industrial Revolution and The Role of Insurance,” exploring society’s increasing exposure to digital risks, and what measures the insurance industry can take in order to address the issue. According to the...

Business Wire | September 16, 2020

Northern Trust today announced the launch of its new cloud-based reporting application which further enhances its Insurance Investment Accounting and Analytics Services solution, developed to support the full spectrum of investment portfolio reporting and management needs for U.S. insurance companies. The platform incorporates Northern Trust's award-winning interactive digital interface with the power of the SAP Financial Asset Management (FAM) System data to provide an end-to-end solution c...