Parametric protection has been established by Chaucer, a renowned insurance underwriting organization, to handle business interruption losses caused by weather.
Apollo Underwriting, in association with Munich Re Syndicate Limited and Tokio Marine HCC, has launched the Builders’ Risk Consortium.
In the insurance sector, the transition from manual to automated systems represents a major advancement in accuracy and efficiency. This shift has opened the door for a new era in insurance operations and was motivated by the need to get past the drawbacks of conventional underwriting techniques. At the front of this revolution is an automated underwriting system that uses sophisticated analytics and algorithms to expedite the risk assessment and decision-making procedures.
Together, the worldwide technology company CME and the leader in global reinsurance Gen Re are attempting to introduce a fully digital underwriting solution for the life insurance market in the MENA and East Mediterranean areas.
Concirrus, a well-known supplier of marine insurance knowledge driven by artificial intelligence, has released an upgraded hull market model.
Juniper leads the way in innovative insurance coverage for reproductive health.
April 12, 2024
Finastra introduces a small business DFA 1071 compliance data gathering module.
April 12, 2024
