Gallagher buys landlord insurance specialist & more…Keep up with what’s been happening this month in our insurance news round-up…
Aon introduces AI-powered claims analysis platform
Global re/insurance broker Aon has announced the launch of ClaimsMonitor.X, an artificial intelligence-driven platform that can quickly analyse claims notes and provide insights into an insurer’s efficiency and profitability.
‘Sobering and devastating’: Lloyd’s of London bosses speak out on sexual misconduct claims
Top bosses at Lloyd’s of London have expressed deep regret over a swathe of sexual misconduct allegations that have blighted the historic insurance market’s reputation.
Aviva Investors launches energy transition themed fund
Aviva Investors, the global asset management business of Aviva PLC, today announces the launch of a new fund to support the transition to a low carbon economy as global temperatures continue to rise due to climate change.
Aon forms Accident, Health & Life practice group for reinsurance business
Re/insurance broker Aon has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in the sector.
RSA brings together commercial divisions
RSA UK and International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a unified commercial division.
Insurers urged to offer on-demand policies as InsurTech funding soars
Insurance firms can no longer rely on their brand names to retain customers and should offer instant, flexible and digital quotes, a leading data analytics company has said.
Willis Re: Total reinsurance capital up by 8%
Total capital dedicated to the global reinsurance industry reached $559 billion in the half-year point of 2019, up 8% from the year-end 2018, according to Willis Re’s latest Reinsurance Market Report.
Gallagher buys landlord insurance specialist
Gallagher says deal to buy RGA Group will strengthen its specialism in niche property owners insurance.
Aviva appoints Erica Arnold as COO from Zurich Insurance
Arnold joins from Zurich Insurance and will be responsible for operations, customer strategy and IT, Aviva said in a statement on Tuesday.