Swiss Re and Appian are launching a partnership to create what the companies call the first ever end-to-end scalable AI solution capable of combining underwriting process rules and underwriting risk decision management.
Lloyd's List Intelligence has teamed up with data analytics specialists SAS to develop an AI platform that interprets and understands complex vessel movements automatically to detect compliance risk.
Sompo Global Risk Solutions (GRS), a division of Bermuda-headquartered specialty P&C insurance and reinsurance group Sompo International, has launched a new parametric insurance product to cover epidemic and pandemic risks.
MAPFRE Insurance and AAA Washington entered into definitive agreements to form a jointly owned insurance company to write automobile and homeowners insurance. The new company will be known as the Auto Club MAPFRE Insurance Co.
Dual Group, the underwriting arm of London-based brokerage Howden Group, has signed an agreement to acquire Align Financial Holdings for $800m. Align is a specialist general agency and underwriting management group in the US.
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