All articles by vidhya munnangi
vidhya munnangi
IAG finalises acquisition of RACQ insurance underwriting unit
This agreement also encompasses a 25-year distribution deal, positioning IAG as RACQ’s sole partner for insurance underwriting.
kWh Analytics introduces catastrophe cover for renewable energy assets
The Excess Natural Catastrophe coverage offers an additional $20m of capacity, focusing on damage from severe storms.
AXA and WTW team up on parametric cover in Colombia
The programme targets coastal communities on the Colombian Archipelago of San Andrés, Providencia and Santa Catalina.
Paragon Insurance appoints new chief actuary
Maheswaran Sudagar’s role will involve overseeing actuarial operations and collaborating with various teams to support Paragon’s objectives.
ACORD introduces new data standardisation model
The NGDS Object Model is designed to support more secure data sharing.
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Relation Insurance expands in US with Bridlewood purchase
Bridlewood’s portfolio includes Medicare Parts A and B, Medicare advantage, prescription drug plans and supplemental plans.
Steadily expands tie-up with ZestyAI for hail and wind risk models
The move is set to enhance the precision of storm risk evaluation across states prone to weather-related damages.
Markel Canada unveils offering to combat cyber, tech and fintech risks
The new offerings are Cyber 360 Canada, Tech 360 Canada and Fintech 360 Canada.
Sompo agrees to buy Aspen Insurance in $3.5bn deal
Aspen focuses on specialty lines like cyber, credit, political risk and various forms of property and liability insurance.
Farmers Insurance data breach affects more than one million
The compromised data includes personal details such as name, address and date of birth, as well as driver’s licence numbers.