HEALTHCARE REMAINS PRIMARY CONCERN FOR VOTERS, WITH STRONG SUPPORT FOR 'MEDICARE-FOR-ALL'

RealClearPolitics | May 15, 2019

HEALTHCARE REMAINS PRIMARY CONCERN FOR VOTERS, WITH STRONG SUPPORT FOR 'MEDICARE-FOR-ALL'
Americans are most concerned with the future of healthcare and express a steady support of Medicare for All, though that backing is challenged when presented with certain factors, according to a Real Clear Politics poll released Wednesday morning. Thirty six percent of Americans ranked healthcare as the most important policy issue facing the nation's future, with another 26% naming it as the second most important issue, by far leading the pack of other options.

Spotlight

The world of insurance claims is constantly evolving, against a backdrop of changing legislation, emerging technologies and social trends. Designed for brokers, this BIBA guide takes an in-depth look at the issue of claims inflation, including the latest claims trends and regulatory developments.

Spotlight

The world of insurance claims is constantly evolving, against a backdrop of changing legislation, emerging technologies and social trends. Designed for brokers, this BIBA guide takes an in-depth look at the issue of claims inflation, including the latest claims trends and regulatory developments.

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AIG Made History with the Launch of Largest-Ever Syndicate at Lloyd’s

AIG | May 05, 2020

AIG has launched Lloyd’s Syndicate 2019, the largest-ever syndicate to be launched at Lloyd’s. AIG will now operate the ninth largest managing agency in the Lloyd’s market, in terms of capacity. For Lloyd’s and the third-party investors and capital providers, Syndicate 2019 represents an opportunity to access the high net worth segment. American International Group has launched Lloyd’s Syndicate 2019 — the largest-ever syndicate to be launched at Lloyd’s. Syndicate 2019 will exclusively reinsure risks from AIG’s Private Client Group (PCG), which operates in the high net worth segment. Significant capital support has been received from high-quality investors and capacity providers, said AIG in a statement. Read more: GEICO AND PROGRESSIVE CONTINUE TO LEAD THE U.S. AUTO INSURANCE MARKET In combination with its existing Lloyd’s operations, AIG will now operate the ninth largest managing agency in the Lloyd’s market, in terms of capacity, said AIG in a statement. For Lloyd’s and the third-party investors and capital providers, Syndicate 2019 represents an opportunity to access the high net worth segment. Our partnership with Lloyd’s will materially benefit PCG’s clients and enable our high net worth business to further capitalize on its pre-eminent market position, For AIG, this transaction represents a continuation of our strategy to optimize our general insurance portfolio, create additional products for clients, diversify our capital base, and improve the quality of our earnings to drive value for all our stakeholders. - Peter Zaffino, president and global chief operating officer, AIG. Syndicate 2019 is managed by Talbot Underwriting Ltd., the managing agency AIG acquired in 2018 as part of the Validus transaction. Current coverages offered by Syndicate 2019 reflect PCG’s product offerings including homeowners, auto, collections, yacht, personal umbrella and specialty coverage for earthquake, excess flood and workers compensation. Read more: RENEWABLE GUARD, HAILSURE JOIN HANDS TO DEVELOP A NEW PARAMETRIC HAIL INSURANCE PROGRAM TO RENEWABLE ENERGY PROJECTS AIG was advised on the transaction by Aon, Evercore and Skadden, Arps, Slate, Meagher & Flom LLP. About AIG American International Group, Inc. (AIG) is a global insurance company with operations in more than 80 countries and jurisdictions. It provides a range of insurance products to support clients in business and in life, including: general property/casualty, life insurance, and retirement and financial services through our General Insurance, Life and Retirement and Investments business units.

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INSURANCE TECHNOLOGY

CoreLogic and QOMPLX Join Forces to Expand Insurance Data and Model Offering

CoreLogic | August 05, 2021

QOMPLX is proud to announce a new relationship with CoreLogic, an industry-leading provider of property intelligence and data analytics, providing industry access to CoreLogic’s Oasis LMF- enabled models via the QOMPLX:OS marketplace. Q:HELM will include access to CoreLogic’s next level contiguous US Earthquake Model and Japan Earthquake Model, which provide insight into the damage that can occur following an earthquake and how aftershocks can amplify the effects months after an event. Similar to QOMPLX’s other collaborations, the relationship with CoreLogic expands the geographic range and catastrophe offerings of Q:HELM. “CoreLogic is seeking to help the market take advantage of the additional flexibility and choice provided by placing its catastrophe models onto the Oasis Loss Modeling Framework. We are delighted to be providing our models as part of QOMPLX offering to further increase that opportunity,” said William Forde, Senior Director, Product Management, Insurance and Spatial Solutions at CoreLogic. Broadly, this relationship will further expand QOMPLX’s offering of cutting-edge insurance data, services, and models to the insurance and reinsurance industry. “We provide a high-performing ecosystem of diverse offerings inside Q:HELM, and the CoreLogic models will be a major addition to the platform,” said Steve Smith, QOMPLX Director, Insurance Product & Modeling. “QOMPLX has an important role to play in bringing together more complete information and insights needed for industry to address broader weather and climate risk challenges on an ongoing basis” said Jason Crabtree, CEO of QOMPLX. The QOMPLX:OS marketplace provides customers access to services that can be purchased on-demand and offers significant advantages to provide more informed insurance underwriting decisions and better risk selection. Key features include: One-Stop Shop – A single platform with a common user interface Mix and Match – Choose offerings based on your specific needs Multiple Contract Options – Customers can pay as you go Diverse Suite of Offerings – Variety in models, data and services This robust offering for insurers and reinsurers is emblematic of QOMPLX’s unique role in risk analytics. We provide solutions to mitigate major long-term risks to capital and climate that are foundational to our modern global economy. The underlying capabilities of the QOMPLX core data factory fuel our cloud insurance risk analytics offering with the ability to rapidly ingest, transform and contextualize data at scale, much faster than traditionally seen across the industry. About CoreLogic CoreLogic, a leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, buy, and protect their homes.

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Lockton Rolls Out CyberCube’s Broking Manager

Business Wire | October 12, 2020

Lockton, the world’s largest independent broker, is rolling out CyberCube’s Broking Manager, the cyber risks analytics platform for insurance intermediaries. Established in 1966, Lockton has over 60,000 clients globally and is the world’s eighth-largest insurance brokerage. The business has over 100 offices in over 125 countries. CyberCube has designed and tailored Broking Manager specifically to the needs of the insurance broking community. It offers a streamlined approach to generating financial exposure impact that helps clients make informed decisions on coverages and limits. Broking Manager will allow Lockton’s teams to quantify the sources and financial impact of cyber risk exposure and educate clients accordingly. The platform also produces reports that can be used to educate prospects and clients on potential sources of loss, recent and relevant cyber events, and peer-to-peer benchmarking.

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