Opinion

Market Snapshot: GlobalData Sees Growth Potential in New Zealand

High susceptibility to natural hazards combined with rise in residential and infrastructure construction is expected to drive New Zealand’s general insurance market from NZD8.4bn (US$5.8bn) in 2018 to NZD10.9bn (US$7.8bn) in 2023, according to GlobalData, […]

InsureTech

Verisk Teams Up with PartnerRe on Voice Tech & AI Underwriting Product

Verisk, a leading data analytics provider, is developing its new life insurance solutions in collaboration with PartnerRe, a leading global reinsurer. Verisk’s new solutions use advanced voice analytics and artificial intelligence to transform underwriting and […]

News

Insurance Deals: Beazley Takes 30% Slice of Pegasus Underwriting

Specialist insurer Beazley is making a strategic investment in Hong Kong-based coverholder, Pegasus Underwriting Limited. The investment will see Beazley become a 30% shareholder in Pegasus. Beazley began working with Pegasus in January 2019 under […]

Underwriting transformation

Fleet News: Jackson Lee Launches Gap Product with Replacement Vehicles

 Jackson Lee Underwriting has launched the market’s first Fleet GAP policy with a built-in temporary replacement vehicle solution. In a total loss situation, where there’s no recoverable asset, fleet motor policies don’t provide temporary replacement vehicles […]

Insurance & Reinsurance

Underwriting/Risk Management: Corax Signs Up QBE Europe

Corax, the world’s leading and largest source of cyber exposure data and loss analytics for insurance, is pleased to announce its newest customer QBE European Operations. QBE will use the Corax platform to underwrite and […]

Insurance Brokers

Munich Re Offers Underwriting Insight with AllFinanz Spark

Munich Re Automation Solutions Ltd, a leading insurtech specialist and subsidiary of the Munich Re group, is bringing its auto-underwriting expertise to the global mid-tier insurance market with ALLFINANZ  SPARK, its SaaS solution.As a hosted service, […]

Flood Insurance

Escape of Water Claims Given a Kick Up The Butt by Pen & Davies

Let’s be brutally honest shall we? Cleaning up after a flood of water has turned your kitchen into a Lido, or transformed your shagpile living room carpet into a swamp, is a total pain. When […]

News

Deals: CFC Buys Solis Security, Expands Cyber Protection Offer

CFC, a specialist insurance provider and pioneer in emerging risk, today announced that it has expanded its in-house cyber incident response capabilities with the acquisition of Solis Security, a Texas-based incident response provider. CFC has […]