Insurance Industry News
A collection of Insurance latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
From Legacy to Sovereignty: Driving the Future of Insurance through Platform Engineering
Sergiu Petean: I decided that I should be a little bit more focused on the audience and also have a certain analogy between where we are today, where we should focus, and where we go next from here. I found this one quite interesting. I generated…
Rising Private Credit Defaults Are Testing Banks And Insurers
As long as inflation is elevated, private credit defaults will continue to rise. Private credit has grown into a $2 trillion industry over the past decade, financing software companies, healthcare rollups, and industrial firms. Fueled by ultra-low…
Shriram General Insurance ties up with Piramal Finance for product distribution
Shriram General Insurance (SGI) on Monday announced a corporate agency partnership with NBFC firm Piramal Finance to improve access to insurance solutions, particularly across semi-urban and rural markets. Under the partnership, SGI will leverage…
How a modern policy administration system improves insurance operations and customer experience
Insurers have spent years investing in customer-facing improvements, including better mobile apps, faster quote tools, more responsive service teams, while the back-office systems driving those interactions stay largely unchanged. The result is a…
Alphabet Inc. $GOOGL Position Boosted by Harel Insurance Investments & Financial Services Ltd.
Harel Insurance Investments & Financial Services Ltd. lifted its stake in Alphabet Inc. (NASDAQ:GOOGL - Free Report) by 1.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,578,043…
Legato Capital Management LLC Makes New Investment in The Hanover Insurance Group, Inc. $THG
Legato Capital Management LLC bought a new position in shares of The Hanover Insurance Group, Inc. (NYSE:THG - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 6,774 shares of the…
Japan's stock market is back - for real this time - and AI is only part of the story
Japan's stock market is making another comeback. This time, it may finally be shedding its reputation as a value trap. After four decades of stagnation and false dawns, the Nikkei 225 is hovering near record highs as AI enthusiasm lifts…
I'm leading a $100 million corporate turnaround. Here's why I learned to distrust the growth mindset
As an insurance industry veteran, I've had a front row seat to watch many insurtechs adopt growth assumptions borrowed from industries where scale eventually delivers profitability. Insurance doesn't work that way. Overseeing a $100m turnaround…
The Best Holding Company Blueprint: PE Firms Vs. Berkshire, Markel
CHICHESTER, ENGLAND - AUGUST 03: William Buick riding Endless Time (R) win The Markel Insurance Filliesâ Stakes on day three of the Qatar Goodwood Festival at Goodwood racecourse (Photo by Alan Crowhurst/Getty Images) For much of modern…
Pothole wrote off my car but the council won't give me a penny
A woman whose car was written off after it hit a pothole has been told she will not receive compensation. Sarah O'Connor, 35, was driving home to Hornsea, East Yorkshire, in January when she hit the pothole in Catwick. It burst a tyre, broke the…
Top 4 sectors driving jobs in UAE and 5 future professions set to dominate labour market
Abu Dhabi: The UAE Skills Platform, launched by the Ministries of Higher Education and Scientific Research, and Human Resources and Emiratisation, has revealed a new map of the country's labour market needs, including the most in-demand…
Holidaymakers told carrying out 'simple check' before summer trip may save money
Holidaymakers are being urged to make “one simple check” before they set off on their summer getaway, which could pay off if something happens to their belongings. Financial information business Defaqto said some holidaymakers could…
Holidaymakers urged to check vital information to save money
A crucial 'simple check' could save holidaymakers money and provide better protection for their belongings this summer, financial experts have advised. Financial information firm Defaqto highlights that many may already possess overseas personal…
The flawed policies driving Medicare waste - and how to fix them
Traditional Medicare's improper payments stem from its centralized payment system, which uses price controls. This system often leads to providers receiving either too much or too little, resulting in inefficiency that can negatively impact…
The hottest housing market in the US is a hardscrabble city that's been shrinking for 75 years
The hottest housing market in America is in a downtrodden Northeast city that people have been fleeing for the last 75 years, according to a shocking new report. Hartford, Connecticut, has seen a remarkable recovery — with Nutmeggers…
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