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The impact could also raise home-building costs by $10,000 per unit. -
Specialty insurer’s global chief of claims warns others about the allure of AI.
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The company is also pursuing “deconcentration” to lower SCS exposure.
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Primary and excess casualty in the US saw double-digit rate growth and remained above loss trends in Q1.
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It acquired wholesaler ARC Excess & Surplus, confirming an earlier report from this publication.
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The Nordic operations have capacity provided by Allianz Commercial.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The executive will begin serving as Hiscox USA’s CUO as of May 5.
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The pair add to the roster of aviation-focused hires at WTW.
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The carrier is targeting an IPO valuation between $2.6bn and $2.9bn.
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The executive was most recently at Oliver Wyman after joining from AIG last year.
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The broker said the burgeoning class of business was still finding its stride.
