Operations/tech
-
A new report warns that underwriters must consider political uncertainty and macroeconomic trends. -
Colorado and New York have already passed regulations regarding insurer AI use.
-
Cue a feeding frenzy from suitors and a frenzy of speculation from the market.
-
Shareholders say the stock has declined around 59% in the past year while book value has dropped ~30%.
-
The company is seeking to expand in the reinsurance and retrocession markets.
-
He also joined Everest’s board last week as an independent director.
-
The move combines two units in the North America middle market division.
-
Tactics underwriters employ to manage cyber risk are maturing, as well.
-
The market is up against emerging risks and a whole heap of uncertainty.
-
Customers will keep their agent relationship and policies will not be impacted.
-
The carrier is looking to accelerate E&S growth after 7% expansion in 2024.
-
The group will house a segment for specialty and benefits and another for underwriting.
Related
-
HCI Group spinning off in-house tech subsidiary Exzeo: CEO Patel
February 27, 2025 -
Insurance needs to step up its tech efficiency game: Markel’s Kryszon
February 26, 2025 -
Week in Brief: Liberty’s losses, Consilium’s talent, softening cyber
February 21, 2025 -
Markel board taps advisers for business review following Jana feedback
February 05, 2025