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 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.
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™.
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 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 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 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 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 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 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.