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Embedded insurance can help sidestep some of the challenges faced by InsurTech 1.0.
Brokers may face pressure as the pricing cycle turns and estimates fail to keep up.
The past few weeks bring back bad memories of 2008, but many factors that triggered that crisis seem not to be in play this time around
Tesla’s entry into the insurance market presents the firm with both opportunities and risks.
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The brokers expect to reach an out-of-court agreement to end the poaching case in south Florida within two weeks.
It is understood that the carrier, which is currently going through a sale process, is being advised by TigerRisk.
The suit named sellers David King, Robert Lefebvre, Creative Insurance Managers and Contractor Resource Solutions, who owned 37.6% of High Point.
At the end of 2021, Centauri Specialty had 26,000 policies in force and $79mn of total written premiums.
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Opinion

Unreserved: Episode 11 – Kinsale's Mike Kehoe

In the 11th episode of Inside P&C’s podcast, Unreserved, Kinsale CEO Michael Kehoe sits down with Inside P&C's acting managing editor, Adam McNestrie.
Longform Research
In an interview, Hiscox USA CEO Kerridge said the firm’s digital retail business in the US has over 600,000 policies-in-force.
The intermediary is launching as the events space is set for a comeback after being hit in 2020 with major losses that stemmed from pandemic-driven cancellations.
The executive said recent volatility may lead some peer companies to delay their public debuts.
His comments come on the heels of Markel’s announcement last week that the co-CEO plans to retire by March 31, 2023.
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From Insurance Insider

Incoming renewable energy capacity heaps pressure on T&Cs

Competition for business is leading to a rollback in exclusions written into contracts following major loss activity.
From Insider Engage

The Hartford's Tooker: Telematics Coming to Commercial Lines

The monitors and sensors that changed personal lines are moving to commercial lines, said Mo Tooker, head of middle and large commercial for The Hartford. He spoke with Insider Engage at RIMS 2022 in San Francisco.
From Trading Risk

Interview: Beazley’s ESG launch put carrier’s in-house strategies under spotlight

Beazley’s own in-house ESG goals were put under as much scrutiny by its third-party capital providers as its underwriting strategies when the insurer launched ESG-focused Syndicate 4321 at the start of this year.
From Insider Engage

Plotting a Course Through Geopolitical Instability

Insurers are scrutinizing their books to see how the far-reaching implications of Russia's invasion of Ukraine and an uptick in civil and political unrest around the world may impact their business.
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