Articles

Actuarial & underwriting

Beazley partners with Vizient to offer active shooter coverage

Beazley has entered into a new contracted relationship with Vizient Insurance Services, a subsidiary of Vizient, to offer active shooter coverage.   15 June 2020

Actuarial & underwriting

Artex unveils rent-a-captive for the transportation industry

Artex has unveiled a new alternative risk programme for the transportation industry.   11 June 2020

Actuarial & underwriting

Willis Towers Watson unveils Homestead, its group captive business for upper middle market companies

Willis Towers Watson has launched Homestead Insurance Company, a group captive business designed for upper middle market companies.   11 June 2020

Actuarial & underwriting

Aon expands cyber risk assessment tool to account for increased remote working

Aon has expanded the scope of CyQu Enterprise, its cyber risk assessment methodology, to account for the increased time people are working remotely due to COVID-19.   10 June 2020

Actuarial & underwriting

Letting your captive fly

The availability of cheap insurance from commercial providers has prevented airlines from leaning too heavily on their captives. However, rates have been increasing, and with the outlook for the global economy looking grim, airlines are looking for creative ways to cut costs and improve risk management. Captives can help them with that, as Captive International reports.   9 June 2020

Actuarial & underwriting

Machine Cover developing parametric pandemic coverage

Machine Cover, a technology company that creates parametric products for the insurance industry, is developing what it believes to be the world’s first pandemic insurance product based on parametric triggers.   8 June 2020

Actuarial & underwriting

COVID-19 perfectly exemplifies gaps in commercial coverage: CICA panel

“COVID-19 is as good an illustration as you could come up with to show that companies face risks out there that will not be covered by standard coverages,” according to Barbara Ingraham, managing director of excess and surplus at Verisk.   8 June 2020

Actuarial & underwriting

R&Q enters stock purchase agreement to acquire NBIC

ICDC, a wholly owned subsidiary of Randall & Quilter Investment Holdings based in Vermont,  has entered into a stock purchase agreement to acquire NationsBuilders Insurance Company (NBIC), a Washington DC-domiciled captive, from NationsBuilders Insurance Services (NBIS).   5 June 2020

Actuarial & underwriting

R&Q completes loss portfolio transfer with Houston International Insurance Group

Randall & Quilter Investment Holdings has completed a loss portfolio transfer from Houston International Insurance Group (HIIG).   4 June 2020

Actuarial & underwriting

Astaara opens doors promising to modernise cyber insurance for the maritime industry

A new insurance services business called Astaara Company has launched to protect maritime companies from cyber threats.   4 June 2020

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