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Present and future risks for the rising gig economy

For sharing economy businesses involving vehicles, telematics technology is emerging as a potential solution for managing liability. This technology uses sensors, often integrated into mobile applications, to track driver behaviors such as distance traveled, destination points, and driving quality. Grindle said that telematics data can be used to generate safety…

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Present and future risks for the rising gig economy
Paid Insurance

Present and future risks for the rising gig economy

For sharing economy businesses involving vehicles, telematics technology is emerging as a potential solution for managing liability. This technology uses sensors, often integrated into mobile applications, to track driver behaviors […]

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on Present and future risks for the rising gig economy admin November 22, 2024
World acquires FI Insurance | Insurance Business America
Paid Insurance

World acquires FI Insurance | Insurance Business America

This is part of the growth strategy of the firm, which also acquired five insurance agencies in Louisiana and Texas in August:  The Firm of Louisiana P&C, LLC and McFatter […]

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on World acquires FI Insurance | Insurance Business America admin November 22, 2024
Rate Insurance appoints new commercial VP
Paid Insurance

Rate Insurance appoints new commercial VP

New exec to lead growth in niche markets

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on Rate Insurance appoints new commercial VP admin November 22, 2024
Gallagher grows portfolio with THB Chile acquisition
Paid Insurance

Gallagher grows portfolio with THB Chile acquisition

THB Chile is a network retail insurance broker that offers property/casualty coverage, life and health benefits, and reinsurance services across Chile. Members of the acquisition team will report to Lionel […]

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on Gallagher grows portfolio with THB Chile acquisition admin November 22, 2024
Omaha National welcomes new chief actuary
Paid Insurance

Omaha National welcomes new chief actuary

Omaha National, founded in 2016, focuses on providing workers’ compensation coverage to small and mid-size companies facing higher injury risks due to manual labor and hands-on work. The company operates […]

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on Omaha National welcomes new chief actuary admin November 22, 2024
Report highlights the growing role of secondary perils in insurance claims
Paid Insurance

Report highlights the growing role of secondary perils in insurance claims

The findings emphasize the need for proactive infrastructure planning, particularly in flood-resistant construction, as climate change leads to more unpredictable weather patterns. The rising risks of drought, localized flooding, and […]

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on Report highlights the growing role of secondary perils in insurance claims admin November 22, 2024
AI could amplify cyberattacks, report warns
Paid Insurance

AI could amplify cyberattacks, report warns

The report, “Outlook on AI-Driven Systemic Risks and Opportunities,” examines how AI could transform both offensive and defensive capabilities in cybersecurity. Of particular concern is AI’s potential to create more […]

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on AI could amplify cyberattacks, report warns admin November 22, 2024
AM Best maintains positive outlook for DUAE segment
Paid Insurance

AM Best maintains positive outlook for DUAE segment

“The general optimism among insurers and reinsurers about DUAEs persists, with more strategic partnerships being formed between carriers and DUAEs,” said Yizhou Hong, senior financial analyst at AM Best. “These […]

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on AM Best maintains positive outlook for DUAE segment admin November 22, 2024
Chaucer appoints new class underwriter in political risk
Paid Insurance

Chaucer appoints new class underwriter in political risk

Margaret To, CEO of Chaucer Singapore, echoed this sentiment, stating, “We’re delighted to welcome Jonathan to the Singapore team. His extensive knowledge and track record in political risk underwriting will […]

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on Chaucer appoints new class underwriter in political risk admin November 22, 2024
Panama gets US$26.7 million for flood recovery from CCRIF
Paid Insurance

Panama gets US$26.7 million for flood recovery from CCRIF

The Government of Panama has received a US$26.7 million payout from CCRIF SPC, a regional parametric insurance provider, following an extreme rainfall event that occurred from Oct. 31 to Nov. […]

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on Panama gets US$26.7 million for flood recovery from CCRIF admin November 22, 2024

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Recent Posts

  • Present and future risks for the rising gig economy
  • World acquires FI Insurance | Insurance Business America
  • Rate Insurance appoints new commercial VP
  • Gallagher grows portfolio with THB Chile acquisition
  • Omaha National welcomes new chief actuary

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