Global insurance trends

Mergers & Deals: IT Consultancy CGI Makes Offer on SCISYS

CGI has announced a cash offer of 254.15 pence per share to acquire the entire issued and to be issued ordinary share capital of SCISYS through its wholly owned indirect subsidiary CGI Group Holdings Europe […]

Global insurance trends

ACORD Looks to Digitize Insurance Industry Data Sharing Process

ACORD, the global standards-setting body for the insurance industry, today announced the launch of ACORD iConductor, a comprehensive global data exchange service. It operationalizes the industry-backed ACORD Standards to transform, orchestrate, and validate all bureau and non-bureau messaging data. Using […]

Global insurance trends

Global Trends: CNA Hardy Study Finds Eastern Optimism, Western Gloom

CNA Hardy’s 2019 Global Risk & Confidence Survey published recently finds that as global, interconnected risk becomes a reality, reputational risk is rising and business confidence is on the slide. Research for the latest edition of the […]

Global insurance trends

US News: Next Insurance Now Covering 1000 Lines, Launching SME Liability

Next Insurance, the leading digital insurance company for small businesses, announced today that it now supports over 1,000 classes of business (CoBs) across the country including Contracting, Construction, Consulting, Fitness, Cleaning, Beauty, Therapy, Entertainment, Education, […]

Global insurance trends

Global News: Marsh Report Suggests Commercial Rates Are On The Up

Marsh has released its Global Insurance Market Index for the first quarter of 2019. Key findings include: ·         Average commercial insurance prices increased 3% in Q1 2019, the largest increase since the survey began in 2012. ·         Q1 2019 represents […]

Global insurance trends

Insurtech Investment Still Booming, Says Willis Towers Watson Report

InsurTech investors worldwide executed the highest number of transactions, the highest number of property/casualty transactions, and the highest volume of Series B and Series C funding rounds during the first three months of 2019, according […]

Global insurance trends

Asia-Pacific Market News: Sapiens Teams Up With King Wai Insurance

 Sapiens International Corporation, (NASDAQ and TASE: SPNS), a global provider of software solutions for the insurance industry, announced recently that King Wai Insurance (KWI) – a major provider of business, personal and professional insurance solutions – has selected Sapiens […]

Global insurance trends

Appointments: Willis Towers Watson Strengthens Asset Management Team

Willis Towers Watson (NASDAQ: WLTW) has appointed a number of asset management experts in its FINEX Financial Institutions practice enhancing its offering to a core part of its client portfolio. The appointments are part of the […]