Insurance
Articles tagged “insurance”.
Reinsurance costs discussed for next year
Colorado’s highly praised reinsurance program — credited with drastically decreasing medical coverage costs one year from now for individuals who buy inclusion…
2019-07-04Reinsurance renewals and pricing momentum
Mid-year renewals are an important checkpoint for the reinsurance market, particularly for property catastrophe business in Florida, Australia and other peak-exposure regions.…
2019-01-02Digitalisation is resulting in more customer-centric insurance
Any insurer in the market today must adopt some of the digitalisation trends brought about by the wide range of devices, the…
2018-12-26Could climate change make parts of the world uninsurable?
Insurance industry leaders and regulators have warned that rising temperatures, more intense storms and sea-level rise could make some regions too risky…
2018-12-20Cryptoasset insurer BlockRe to launch new risk assessment tool
Cryptoasset exchange BlockRe announced on Wednesday that it would be releasing a new risk-assessment tool in order to reduce investors’ risk with…
2018-12-05Cyber risk means creating as much transparency as possible
Torsten Jeworrek is the partner and strategic advisor to the Global Software Group (GSG), a leading provider of integrated platform security solutions…
2018-11-28Insurtech as the future infrastructure of insurance
Online-only insurers, particularly in Asia, have shown how technology can reach customers that traditional distribution struggles to serve. By embedding small, low-cost…
2018-11-22Probabilistic models for cyber risk
Catastrophe modeling firms have extended the probabilistic techniques used for hurricanes and earthquakes to cyber risk. Instead of relying only on past…
2018-11-15Reinsurers prepare for rapid growth in cyber demand
Large reinsurers have repeatedly identified cyber as one of the fastest-growing lines in the market. As businesses digitize, demand for protection against…
2018-11-06Venture capital and insurtech investment
Partnerships between Silicon Valley investors and the insurance sector have become common as venture funds look for industries ripe for digital change.…
2018-10-25Blockchain isn't understood by insurers
The insurers Standard Chartered, Zurich and Zurich UK said they would begin to pay digital currency companies for claims processing. Last week,…
2018-09-05Airlines need strong cyber security warning systems
Modern airlines depend on interconnected systems for booking, check-in, maintenance, flight planning and in-flight services. A cyber incident in any of these…
2018-08-10Digitalization will redefine insurance claims handling
Earning more money may not be the most pressing concern of the consumer insurance industry. Insurers also need to retool their departments…
2018-07-04Digital claims solutions for hospitals
Hospitals handle large volumes of insurance claims with limited administrative resources. Manual paperwork, coding errors and slow approvals tie up staff and…
2018-06-06Climate change making storms worse than expected
As the ground around New York City continues to shift from an unseasonably warm springtime to a fierce late summer day, with…
2018-03-24Climate change possibilities for reinsurers
Climate change presents growth opportunities for reinsurers. It’s raising limits on the amount of money potential losses can absorb, reinsurance industry members…
ArchiveManufacturer-branded car insurance and fronting carriers
Some car manufacturers have launched their own insurance products, using vehicle data to price cover for their customers. Because a manufacturer is…
ArchiveBlockchain insurance platforms
Several start-ups have launched platforms that use blockchain to issue policies, record transactions and automate payments. The idea is that a shared…
ArchiveInsurtech growth and loss ratios
Many insurtech start-ups have grown quickly by offering simpler digital experiences, but rapid growth does not always mean profitable underwriting. Loss ratios,…
ArchiveDisability and unemployment cover: understanding the risks
Income protection products, including disability and unemployment cover, are designed to replace part of a person's earnings if they cannot work. Many…
ArchiveCompetition from insurtech increases
Insurtech start-ups compete with established insurers on customer experience, speed and price, especially in personal lines such as home, renters and travel…