Hiscox chooses Praedicat for London market casualty risk modelling
Hiscox has licensed CoMeta and Oortfolio, the AI-driven liability cat risk modelling platforms of Praedicat, for use within its London market casualty business
Browsing: Insurance
Hugh James and ARAG agree wide-ranging ATE insurance arrangement
Hugh James has signed a long-term agreement with ARAG to use the legal expenses provider’s ATE insurance products for a broad range of case types, across several practice areas
Covid-19 insurance gap creates opportunity for parametric model, says GlobalData
GlobalData has argued that the lack of business interruption insurance protection against pandemics such as Covid-19 has created a gap in the market that alternative models could fill
Flood Re processes record number of claims and payouts
Flood Re processed more claims and paid out more during 2019/20 than in its first three years of operation combined
New Aviva CEO Amanda Blanc sets insurer’s sights on leading industry
New Aviva chief executive officer Amanda Blanc wants the insurer to lead the “industry again” and become the first choice for its customers and partners
Hello-Safe: car insurers saved £1.3 billion during lockdown
Car insurers saved almost £1.3 billion in payouts during the coronavirus (Covid-19) lockdown, according to comparison site Hello-Safe
ARAG reports 10th year in profit as the insurer prepares for Covid-19 challenges
Legal expenses and assistance provider ARAG has reported a profit for the tenth consecutive year, following the recovery of some outstanding ATE premiums and the continued success of its portfolio of BTE products
MGAA appoints Mike Keating of Qlaims as new MD
Qlaims chief development officer Mike Keating has been lined up to take over from Peter Staddon as managing director of the MGAA
Verisk launches major new release of piCalculator
A major new release of piCalculator, Verisk’s solution for calculating damages in personal injury claims, supports greater classification of multiple injuries in low frequency, high-value claims
Marsh forms sport, entertainment and media group
Insurance broker and risk adviser Marsh has formed a dedicated industry group to serve the needs of sport, entertainment and media clients in the UK and Ireland