Insurance news

• Blog: Risk of flooding will not decrease without collaboration

  14-04-2017 08:00
  
  As an insurer, we do unfortunately see first-hand the devastating impact flooding can have on homes and livelihoods.
  
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• Blog: IoT 2017 - It's not all about data

  14-04-2017 08:00
  
  As an insurer, understanding the Internet of Things and solutions it offers to our customers is one of our key priorities. But we also know that if we only think about IoT and insurance from one perspective, it can lead to the wrong answer. We need to speak the same language as our customers.
  
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• 'Covered agreement' push revived by industry groups

  14-04-2017 00:36
  Insurance industry groups in the US mounted a fresh push today
  to get Treasury Secretary Steve Mnuchin and acting US Trade
  Representative Stephen Vaughn to sign the "covered
  agreement" negotiated with the European Union regarding
  industry regulation there and in America.
  Attempting to deflect criticisms and concerns raised by some key
  members of Congress and the National Association of Insurance
  Commissioners (NAIC), the groups said the proposed accord,
  described as a "covered agreement" under t
  
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• Beazley hires Thompson to lead US A&H

  14-04-2017 00:36
  Beazley has hired Brian Thompson to head its US accident and
  health (A&H) business based out of its Atlanta office.
  The executive was most recently senior vice president of
  employee benefits for TransAmerica and was previously president and
  principal of AOM American Insurance Agency.
  At Beazley he will focus on the listed-Lloyd's insurer's
  supplemental gap protection product at its US underwriting
  platform.
  The carrier also offers hospital indemnity, limited medical and
  critical illness cove
  
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• Argo warns of $16.5mn in Q1 charges

  14-04-2017 00:36
  Argo Group has warned that its results for the 2017 first
  quarter will be reduced by $16.5mn in one-time charges reflecting a
  series of expenses since the beginning of January.
  One of the most significant charges comes from late claims
  submitted in the wake of Hurricane Matthew, which skirted the US
  East Coast in October causing insured losses of $3.5bn according to
  one estimate.
  The Bermudian also took a $5mn hit from the UK government's
  decision to slash the Ogden...
  
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