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Insurance Industry reacts to Lemonade’s Two-Second Claim Settlement with Mixed Responses
Editorial Team June 15, 2023 AI, News

Insurance Industry reacts to Lemonade’s Two-Second Claim Settlement with Mixed Responses

The insurance industry has reacted with mixed views on the news that AI-powered insurtech, Lemonade, facilitated a claim settlement in just two seconds, setting a new speed precedent for the insurance industry.
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Swiss Re’s Emerging Risks Report: Threats Arise from Technological, Geopolitical, & Societal Changes
Editorial Team June 15, 2023 Funding, News

Swiss Re’s Emerging Risks Report: Threats Arise from Technological, Geopolitical, & Societal Changes

Swiss Re has unveiled the 11th edition of its SONAR report, providing valuable insights into the evolving landscape of emerging risks.
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Liberty Mutual Insurance Announces Sale of Personal & Small Commercial Operations in Western Europe to Generali Group USA
Editorial Team June 15, 2023 Acquisitions, News

Liberty Mutual Insurance Announces Sale of Personal & Small Commercial Operations in Western Europe to Generali Group USA

Liberty Mutual Insurance and Generali Group have announced signing a definitive agreement for Generali to acquire Liberty Seguros, S.A. – Liberty Mutual's personal lines and small commercial insurance business headquartered in Madrid.
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Allianz Life and Munich Re Automation Solutions are set to unveil a cutting-edge Software as a Service (SaaS) underwriting solution (1)

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