article thumbnail

7 in 10 Actuaries and Underwriters Worry About Being Replaced by AI

Insurance Journal

With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five years, it’s not surprising that nearly 7 in 10 actuaries and underwriters are worried about being replaced by artificial intelligence, …

article thumbnail

Security First, Amelia Underwriters Offering New Products in Warming Florida Market

Insurance Journal

Two Florida-based insurance companies are expanding their product lines, another sign that insurers are making more if limited moves into a warming market in the state. Amelia Underwriters, a wholesale and surplus lines broker based in Fernandina Beach, …

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Markets/Coverages: Descartes Expands US Parametric Flood Cover for Businesses; EverPeak Takes Workers Comp Product to 11 New States

Insurance Journal

Parametric insurance company Descartes Underwriting has a new flood insurance product it said delivers better protection for US businesses, investors, and homeowners associations. Any type of business and industry class may be covered. Limits of up to $70 million are …

article thumbnail

Full List of Insurance Companies in Berlin [Underwriters & Adjusters Included]

Top Insurance Blogs

In my over 10 years of experience in the German market, one thing that has always impressed me is the diversity and strength of the insurance companies in Berlin. From household names to specialized insurers, Berlin is home to some of the most respected insurance providers in Germany.

article thumbnail

People Moves: Golden Bear Names Hohman Chief Underwriting Officer

Insurance Journal

Golden Bear Insurance Company hired Greg Hohman as chief underwriting officer. Hohman has experience in the excess and surplus lines sector, most recently serving as chief underwriting officer at Munich Re Specialty Insurance. Previous roles include head of domestic casualty …

article thumbnail

SageSure Expands HO Business in Mississippi, Louisiana

Insurance Journal

SageSure, a managing general underwriter for catastrophe-exposed markets, said it has joined with Auros Reciprocal Insurance Exchange to bring more homeowners coverage to Louisiana and Mississippi. Auros is a property insurance company domiciled in Mississippi. It received its certificate of …

article thumbnail

People Moves: Pennsylvania Lumbermens Names Firko Operating Officer, Promotes 6

Insurance Journal

Pennsylvania Lumbermens Mutual Insurance Company (PLM), headquartered in Philadelphia, named Steve Firko as executive vice president and chief operating officer overseeing all front-line customer-focused operating departments, including underwriting, field operations, claims, loss control, marketing, customer service, and operations.