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Property brokers say NOAA data purge creates blind spots
[ad_1] NOAA’s disaster database has long been a critical resource for insurers, brokers, and risk modellers. Its abrupt removal creates blind spots as hurricane season looms, impacting property insurance pricing, risk models, and underwriting accuracy, according to brokers Insurance Business spoke to. [ad_2] Source link

Xceedance chooses new global COO
[ad_1] Sankaran has more than 30 years of experience in global operations and transformation roles across several industries, including insurance, healthcare, finance, procurement, and human resources. He has held senior positions at Wipro, Accenture, GeBBS Healthcare Solutions, WNS, GE Capital, and Pfizer, managing global teams and client portfolios in various market conditions. [ad_2] Source link

A Guide for Small Business Owners
[ad_1] As small business owners, staying updated with the latest regulations and compliance standards is crucial for the smooth operation of your business. A significant update that demands your attention is the change in the federal independent contractor test by the U.S. Department of Labor (DOL). Effective March 11, 2024, this new rule has far-reaching…

INTX Insurance Software launches in North America
[ad_1] The company offers a policy administration platform for the property and casualty insurance sector. Designed to support carriers, reinsurers, and managing general agents, the system covers the entire insurance policy lifecycle. It incorporates features such as artificial intelligence tools, predictive modeling, and data analytics. The platform has been adopted by more than 50 clients…

Massachusetts Insurance Commissioner denies rate increase request workers’ comp bureau
[ad_1] The request was opposed by several other regulatory bodies [ad_2] Source link

Underwriting expansion marks strong start to year for Lancashire
[ad_1] Reinsurance activity and US-based insurance gains helped offset aviation-related softness [ad_2] Source link