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Tokio Marine Holdings Inc. has launched a Silicon Valley-headquartered corporate venture capital (CVC) fund. The company has committed $42 million to the initial fund with plans to deploy more ...
Insurers with well-developed innovation initiatives have much higher levels of top-line growth than those who lag behind on the innovation curve, AM Best reported last month. In a special report ...
Workers compensation is inarguably the most competitive line in the commercial lines insurance market this year. According to most broker and carrier market reports, it's the only one that has ...
With institutional investors providing the bulk of the capital, RenaissanceRe Holdings has announced the creation of a new joint venture dedicated to casualty and specialty risks. Launched with $475 ...
Big tech companies with relevant consumer data have been eyeing the insurance industry for the past few years and looking at how they can use their insights into customer behavior to reinvent the ...
In today's highly competitive job market, attracting the right talent is not just about money. It isn't necessarily about offering flextime or office perks, either. For most would-be employees, ...
The Lloyd's re/insurance marketplace announced the 11 InsurTech startups that will join the eighth cohort of the Lloyd's Lab in its 10-week program. Lloyd's Lab, the market's innovation accelerator, ...
Hannover Re has opened access to its innovation platform for all interested parties. Launched in 2019, hr | equarium connects insurance clients with InsurTech partners. The platform has been used on ...
The pandemic has been a wake-up call for insurers. In an industry that has traditionally lagged in digital deployments, the savviest players are reassessing their own infrastructures to reevaluate if ...
Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody's Investors Services said in a report ...
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