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Are Global Commercial Insurance Rates Finally Stabilizing?
October 31, 2024
Are Global Commercial Insurance Rates Finally Stabilizing?

The Global Insurance Market Index, published today by Marsh, revealed that global commercial insurance rates experienced their first decline in seven years. In the third quarter of 2024, rates dropped by 1%, marking the first decrease since Q3 2017. This

How Does ResQ ML Transform P&C Insurance Reserving Practices?
October 30, 2024
How Does ResQ ML Transform P&C Insurance Reserving Practices?

WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has recently launched ResQ Machine-led Reserving, an innovative technology poised to revolutionize the insurance and reinsurance reserving practices within the Property and Casualty (P&C) sector. For decades, the industry

Best Insurance Launches AI-Led WhatsApp Service for Easy ASU Policies
October 30, 2024
Best Insurance Launches AI-Led WhatsApp Service for Easy ASU Policies

Best Insurance has introduced an innovative AI-led WhatsApp service that allows customers to purchase insurance policies directly through the popular messaging platform. The service initially supports Accident, Sickness, and Unemployment (ASU) insurance, aiming to meet the growing demand for more

Prudential and 123Seguro Team Up to Expand Insurance in Latin America
October 29, 2024
Prudential and 123Seguro Team Up to Expand Insurance in Latin America

Prudential Financial, Inc. has joined forces with 123Seguro, a leading online insurance platform in Latin America, to broaden their insurance offerings, particularly in Brazil and Mexico. This partnership is set to significantly influence the accident & health, life, and ancillary

How Will Liberty Mutual Enhance Insurance for Jaguar Land Rover Buyers?
October 29, 2024
How Will Liberty Mutual Enhance Insurance for Jaguar Land Rover Buyers?

In a significant development within the auto insurance market, Liberty Mutual and Jaguar Land Rover North America (JLR) have partnered to introduce bespoke auto insurance solutions for JLR vehicle owners across the United States. This collaboration aims to seamlessly integrate

Lee Shavel Joins FACI to Drive Forward-Looking Strategies in Insurance
October 29, 2024
Lee Shavel Joins FACI to Drive Forward-Looking Strategies in Insurance

Verisk’s President and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI), a move that underscores his pivotal role in the insurance industry. Shavel, well-known for his leadership and strategic vision at Verisk, now has

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Are Global Commercial Insurance Rates Finally Stabilizing?
October 31, 2024
Are Global Commercial Insurance Rates Finally Stabilizing?

The Global Insurance Market Index, published today by Marsh, revealed that global commercial insurance rates experienced their first decline in seven years. In the third quarter of 2024, rates dropped by 1%, marking the first decrease since Q3 2017. This

How Does ResQ ML Transform P&C Insurance Reserving Practices?
October 30, 2024
How Does ResQ ML Transform P&C Insurance Reserving Practices?

WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has recently launched ResQ Machine-led Reserving, an innovative technology poised to revolutionize the insurance and reinsurance reserving practices within the Property and Casualty (P&C) sector. For decades, the industry

Best Insurance Launches AI-Led WhatsApp Service for Easy ASU Policies
October 30, 2024
Best Insurance Launches AI-Led WhatsApp Service for Easy ASU Policies

Best Insurance has introduced an innovative AI-led WhatsApp service that allows customers to purchase insurance policies directly through the popular messaging platform. The service initially supports Accident, Sickness, and Unemployment (ASU) insurance, aiming to meet the growing demand for more

Prudential and 123Seguro Team Up to Expand Insurance in Latin America
October 29, 2024
Prudential and 123Seguro Team Up to Expand Insurance in Latin America

Prudential Financial, Inc. has joined forces with 123Seguro, a leading online insurance platform in Latin America, to broaden their insurance offerings, particularly in Brazil and Mexico. This partnership is set to significantly influence the accident & health, life, and ancillary

How Will Liberty Mutual Enhance Insurance for Jaguar Land Rover Buyers?
October 29, 2024
How Will Liberty Mutual Enhance Insurance for Jaguar Land Rover Buyers?

In a significant development within the auto insurance market, Liberty Mutual and Jaguar Land Rover North America (JLR) have partnered to introduce bespoke auto insurance solutions for JLR vehicle owners across the United States. This collaboration aims to seamlessly integrate

Lee Shavel Joins FACI to Drive Forward-Looking Strategies in Insurance
October 29, 2024
Lee Shavel Joins FACI to Drive Forward-Looking Strategies in Insurance

Verisk’s President and CEO, Lee Shavel, has been appointed to the Federal Advisory Committee on Insurance (FACI), a move that underscores his pivotal role in the insurance industry. Shavel, well-known for his leadership and strategic vision at Verisk, now has

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