All articles by vidhya munnangi

vidhya munnangi

Aon’s updated Florida hurricane model secures commission approval  

Insurers in Florida can now utilise this certified model to better understand and manage the risks associated with hurricanes. 

Indiana Farm Bureau picks Akur8 to improve pricing process 

The insurer will use Akur8’s Core Platform, which leverages proprietary ML technology to improve pricing processes.  

LexisNexis rolls out commercial property risk assessment tool 

The solution aims to enhance underwriting and renewal processes by providing predictive modelling capabilities to evaluate property risks. 

Trucordia wraps up debt refinancing to enhance capital structuring  

The refinancing includes a $1.94bn first lien term loan B and a $548m second lien term loan B, arranged with Blue Owl Capital.  

CRC’s AmRisc establishes Calais Reciprocal Insurance Exchange 

Domiciled in Illinois, US, the exchange is backed by $100m in funding.   

Willis unveils digital insurance platform for Australian SMEs 

Types of coverage include cyber liability, professional indemnity, public and product liability, business contents and business theft. 

Howden snaps up retail broker U&F to bolster presence in Chile  

U&F offerings include aviation, civil liability, construction, marine hull, motor and P&C, among others.  

Verisk selects One Inc’s PremiumPay for insurance payments 

The move allows inbound payment functionalities to be incorporated directly into the configurable architecture of the FAST system. 

Allianz to shed 650 insurance jobs in UK amid market pressure 

The insurer cited the “backdrop of higher claims costs and softening market conditions” within its personal insurance segment. 

Mphasis partners with Sixfold to enhance AI-driven insurance underwriting 

As an implementation partner, Mphasis will integrate Sixfold’s AI platform to assist insurers in accelerating their underwriting processes.