Commercial/Enterprise Insurance

P&C and health pricing teams operate in a dynamic environment. They need to ensure that their current pricing strategy is not only appropriate for their policyholders but also accurately aligned with the evolving competitive and regulatory landscape. In reality, pricing executives act as insurance portfolio managers, constantly monitoring margins, loss ratios, and GWP to align with both the insurer's overall strategy and market competition. Recent regulations such as the UK's Customer Duty, also highlight the necessity for real-time identification of risk outliers within portfolios and the ability to explain these outliers to regulators, making this capability a regulatory requirement.

How to master insurance portfolio management

P&C and health pricing teams operate in a dynamic environment. They need to ensure that their current pricing strategy is not only appropriate for their policyholders but also accurately aligned with the evolving competitive and regulatory landscape. In reality, pricing executives act as insurance portfolio managers, constantly monitoring margins, loss ratios, and GWP to align with both the insurer's overall strategy and market competition. Recent regulations such as the UK's Customer Duty, also highlight the necessity for real-time identification of risk outliers within portfolios and the ability to explain these outliers to regulators, making this capability a regulatory requirement.
Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.

Embroker launches specialised insurance program for real estate professionals

Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.
Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised coverage program designed for real estate agents and brokers.

Five Sigma unveils insurance industry’s first AI-powered Insurance Adjustment Agent

Five Sigma, a prominent AI claims management software company, has introduced the insurance industry’s first AI-powered Insurance Adjustment Agent, Clive™.
Digital solution platform, Bold Penguin, has announced a strategic partnership with RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services.

Bold Penguin partners with RT Specialty to enhance E&S insurance solutions

Digital solution platform, Bold Penguin, has announced a strategic partnership with RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services.
Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Buildings and Contents insurance in the UK.

Lemonade expands UK offerings with buildings and contents insurance

Lemonade, the digital insurance company powered by AI and social impact, today announced the launch of Buildings and Contents insurance in the UK.
Zurich North America, a leading provider of insurance solutions, has announced the launch of its new Primary Products Liability coverage.

Zurich North America introduces customised liability insurance for life sciences companies

Zurich North America, a leading provider of insurance solutions, has announced the launch of its new Primary Products Liability coverage.
Aviva, a leading insurance company in the UK and Ireland, has completed the acquisition of Probitas, an established player in the Lloyd’s insurance market.

Aviva strengthens broker and customer proposition with Probitas acquisition

Aviva, a leading insurance company in the UK and Ireland, has completed the acquisition of Probitas, an established player in the Lloyd’s insurance market.
AdvantageGo, a leading commercial insurance and reinsurance software provider, and FortifyData, a top provider of cyber risk management solutions, have announced a strategic alliance to improve cyber risk analysis for underwriters.

AdvantageGo partners with FortifyData to enhance cyber risk analysis for underwriters

AdvantageGo, a leading commercial insurance and reinsurance software provider, and FortifyData, a top provider of cyber risk management solutions, have announced a strategic alliance to improve cyber risk analysis for underwriters.
Brookfield, one of the world’s largest private capital groups, has applied to establish an insurance entity in the UK.

Brookfield set to launch new UK insurance entity to capture corporate pension deals

Brookfield, one of the world’s largest private capital groups, has applied to establish an insurance entity in the UK.
Chubb Limited, a global insurance leader, has announced significant executive appointments within its North American general insurance business.

Chubb announces major executive appointments to drive growth

Chubb Limited, a global insurance leader, has announced significant executive appointments within its North American general insurance business.

News Stories

Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
Wildfire data model drives new California cover

Wildfire data model drives new California cover

DUAL North America, a specialty programme administrator, Kingstone Companies, a Northeast-focused property insurer, and Windward Risk Managers, a Florida-based risk manager, have each launched...
ManyPets debuts UK's first ChatGPT insurance plugin

ManyPets debuts UK’s first ChatGPT insurance plugin

ManyPets, a UK pet insurance provider offering Lifetime cover and an AI-powered claims service, has become the first UK specialist pet insurance provider to...
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