NFP, an Aon company, Acquires Scott Litman Insurance Agency, Expanding Its Habitational Risk Expertise and Solutions

Published on September 5, 2024
The addition further enhances NFP’s specialized capabilities for HOAs, property management companies and landlords in Southern California NEW YORK, Sept. 5, 2024 -- NFP, an Aon company and...
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Floodbase’s flood mapping accuracy outperforms leading methods by 11%

September 5, 2024
Insurtech Floodbase’s AI-based flood monitoring technology has proven to be 11% more accurate than current leading methods, enabling more precise monitoring and reduced prices for parametric flood insurance, according to a recent study in Geophysical Research Letters.Developed by Floodbase scientists and engineers, the technology uses deep learning to integrate satellite observations with outputs

Risk sharing between insurers and reinsurers has stabilised: Urs Baertschi, CEO P&C Reinsurance, Swiss Re

September 5, 2024
After reinsurers tightened terms and conditions and raised attachment points to move away from rising so-called secondary peril losses, primary insurers have now caught up and understand what it means to have higher volatility in the frequency space, according to Urs Baertschi, CEO of P&C Reinsurance at Swiss Re.Ahead of the annual meeting of the reinsurance industry in Monte Carlo, our insurance-