5-Star Technology and Software Providers 2025: Entries now open
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Who is the future of insurtech? Tell us which providers deserve recognition
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Who is the future of insurtech? Tell us which providers deserve recognition
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[ad_1] Health insurance sector: UnitedHealth Group, Elevance Health, Cigna, Humana, and Centene dominate the U.S. health insurance space, with a strong presence in Medicare, Medicaid, and group health plans. Despite challenges, such as rising healthcare costs and regulatory pressures, these companies are well-positioned to sustain growth, especially as the aging population drives demand for healthcare…
[ad_1] In 2024, USAA returned $2.2 billion to members through distributions, dividends, and banking rebates and rewards. The company also paid $4.3 billion in catastrophe-related claims. It also reported process improvements, including a reduction in average catastrophe claims processing time from 14 days to seven days, using advanced technology. [ad_2] Source link
[ad_1] They include a new EVP and a new associate director [ad_2] Source link
[ad_1] The proposal, introduced by the Department of Banking and Insurance, calls for the adoption of the NAIC Term and Universal Life Insurance Reserve Financing Model Regulation #787, known within the industry as the XXX/AXXX Model Regulation. The move would bring uniformity and greater transparency to reserve financing, an area that has historically presented regulatory challenges. [ad_2]…
[ad_1] Mubadala, the Abu Dhabi-based sovereign investment fund, and Hg Capital, an existing Howden shareholder, are expected to contribute around $2 billion (£1.5bn) each in equity. The new investment would value Howden at approximately $20 billion, implying a combined valuation of around $30 billion for the group. [ad_2] Source link
[ad_1] Eleven events contributed to the March total, with four large-scale systems involving wind and hail accounting for approximately 80% of the losses [ad_2] Source link