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Solving the InsurTech Dilemma: Should I Stay an MGA or Become a Carrier?
Every MGA should not transition to a carrier model. Consider your technology, competitive dynamics, team and access to reinsurance and scalability when contemplating such a change. Technology We have ...UK Insurer Admiral Group Will Unload Price Comparison Unit in $685M Deal
UK home and car insurer Admiral Group Plc agreed to sell its price-comparison unit to the owner of property portal Zoopla in a transaction valued at 508 million pounds ($685 million). Admiral will ...About Archipelago
Archipelago co-founder Hemant Shah described the company as a risk data platform that uses artificial intelligence to digitize risk for large owners of commercial property. By doing so, the goal is ...
Drivers Sped During Lockdowns, Making Car Crashes Deadlier
Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped up on quieter roads, the collisions became deadlier in several cities, a Reuters ...
The Latest Launches From Zurich, Aon and Neptune Flood
Zurich Insurance Group launched a new legal panel to provide advice on managing large and complex claims across Europe, the Middle East and Africa. Aon is partnering with cybersecurity company GK8 to ...
PRIA For ‘Communicable’—Not ‘Communicative’ Disease Risk
A proposal making rounds in the U.S. House of Representatives to "establish a Pandemic Risk Reinsurance Program" would involve "shared public and private compensation for business interruption losses ...What Is Slice Mind?
Engineers and algorithms take the place of people for the digital insurers that use the Insurance Cloud Services platform available from Slice Labs Inc. But even carriers that don't currently use ICS ...
Designing Blockchain at AAIS
AAIS has developed openIDL, an open blockchain network that streamlines regulatory reporting and provides new insights for insurers. I interviewed Joan Zerkovich, VP of Operations at AAIS, about her ...