Types of insurance

Insights on the Life Insurance Global Market to 2030 - Identify Growth Segments for Investment - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 29, 2021
Insurance, Professional services, Types of insurance, Insurance

The life insurance providers market consists of the sale of life insurance policies.

Key Points: 
  • The life insurance providers market consists of the sale of life insurance policies.
  • This rising disposable income, especially in emerging countries is expected to increase demand for life insurance plans thereby driving the life insurance providers market.
  • Lack of awareness about life insurance and complex insurance products are acting as a restraint on the life insurance providers market.
  • For example, Aditya Birla Sun Life Insurance has launched DISHA 2.0, an Upgraded AI-Enabled ChatBot to navigate personalized solutions for life insurance choices.

S&P Global Ratings Affirms BAM’s AA Rating and Stable Outlook

Retrieved on: 
Thursday, July 29, 2021
Other Professional Services, Professional services, Insurance, Finance, Finance, Types of insurance, Build America Mutual, Bond insurance, Money, Credit rating agencies, Insurance, Financial services, Municipal bond, Bond, S&P Global Ratings

S&P Global Ratings published its full annual analysis of Build America Mutual and affirmed BAMs AA rating and stable outlook, the strongest rating S&P assigns to any active bond insurer.

Key Points: 
  • S&P Global Ratings published its full annual analysis of Build America Mutual and affirmed BAMs AA rating and stable outlook, the strongest rating S&P assigns to any active bond insurer.
  • BAM-insured municipal bond sales increased 27% in the first half of 2021 to a record $9.5 billion, which followed a full-year record for par insured in 2020.
  • The report recognized BAMs excellent capital adequacy, proven record of credit discipline, and low-risk portfolio, which includes only U.S. municipal bonds from issuers who provide essential public services.
  • BAM has a broad presence across the U.S. and its insured exposure represents the lowest risk sectors, as measured by S&P Global Ratings capital charges, the agency said in its report.

NOW Insurance Announces Matt Higgins as Executive Vice President of Engineering 

Retrieved on: 
Thursday, July 29, 2021
Professional services, Data management, Technology, Small business, Insurance, Software, Insurance, Types of insurance

NOW Insurance (NOW), an AI-enabled insurance platform designed to quickly match small business owners and professionals with affordable coverage plans, announced today the hiring of Matt Higgins as executive vice president of engineering.

Key Points: 
  • NOW Insurance (NOW), an AI-enabled insurance platform designed to quickly match small business owners and professionals with affordable coverage plans, announced today the hiring of Matt Higgins as executive vice president of engineering.
  • Matt brings extensive software, product, business and technical expertise to NOW Insurance.
  • Prior to joining NOW Insurance, Higgins served in various executive technology and information technology roles in the marketing, travel and insurance industries.
  • The insurance industry is ripe for change, and NOW Insurance is leading the charge, said Higgins.

YAS's 'BUS RYDE' -- Providing Care and Financial Inclusion for Daily Bus Commuters

Retrieved on: 
Friday, July 30, 2021
Poverty, Types of insurance, Microinsurance, Articles, Countries, Insurance, VIETNAM, Economy

An extrapeace of mind to protect their personal belongings with coverage of over US$250 (loss or theft) and an accidental medical expense coverage of up to US$640.

Key Points: 
  • An extrapeace of mind to protect their personal belongings with coverage of over US$250 (loss or theft) and an accidental medical expense coverage of up to US$640.
  • As a microinsurance, "BUS RYDE" protection is affordable to all and enables us to be financially inclusive because every moment and every person matters!'
  • YAS is a leading microinsurance and technology company headquartered in Hong Kong with operations in Vietnam and expanding in the Asia Region.
  • They have a roadmap coming to Malaysia, Vietnam, India, the Greater Bay Area of Chine and the rest of Asia.

YAS's 'BUS RYDE' -- Providing Care and Financial Inclusion for Daily Bus Commuters

Retrieved on: 
Friday, July 30, 2021
Poverty, Types of insurance, Microinsurance, Articles, Countries, Insurance, VIETNAM, Economy

An extrapeace of mind to protect their personal belongings with coverage of over US$250 (loss or theft) and an accidental medical expense coverage of up to US$640.

Key Points: 
  • An extrapeace of mind to protect their personal belongings with coverage of over US$250 (loss or theft) and an accidental medical expense coverage of up to US$640.
  • As a microinsurance, "BUS RYDE" protection is affordable to all and enables us to be financially inclusive because every moment and every person matters!'
  • YAS is a leading microinsurance and technology company headquartered in Hong Kong with operations in Vietnam and expanding in the Asia Region.
  • They have a roadmap coming to Malaysia, Vietnam, India, the Greater Bay Area of Chine and the rest of Asia.

More Cruise Lines To Require Travel Insurance

Retrieved on: 
Thursday, July 29, 2021
Service industries, Travel insurance, Insurance, Travel, Types of insurance

WARWICK, R.I., July 29, 2021 /PRNewswire/ -- InsureMyTrip , the nation's first-and-largest travel insurance marketplace, is seeing an increase in travel insurance policies purchased for cruises.

Key Points: 
  • WARWICK, R.I., July 29, 2021 /PRNewswire/ -- InsureMyTrip , the nation's first-and-largest travel insurance marketplace, is seeing an increase in travel insurance policies purchased for cruises.
  • This, as Disney becomes the latest cruise line to require travel insurance for unvaccinated passengers boarding in Florida ports.
  • Royal Caribbean 1, Carnival 2and now Disney 3cruise lines require unvaccinated passengers 12 and older, to show proof of a travel insurance policy ranging from$10,000 - $25,000 per person in medical expansive coverage and $20,000 - $50,000 in medical evacuation coverage.
  • Travelers can purchase cruise-specific travel insurance from InsureMyTrip , a trusted third-party travel insurance comparison site that also offers personalized insurance quotes and options for insuring redeemed vouchers.

NFP Welcomes Morgan Frick to Management and Professional Liability Practice

Retrieved on: 
Thursday, July 29, 2021
Public liability, Types of insurance, Law, Finance, Liability insurance, Common law, Equity, Fiduciary, Articles, Professional liability insurance, Employment Practices Liability, Insurance

Frick joins NFP following an 11-year tenure with Marsh, where she served as a senior vice president and financial and professional liability client advisor.

Key Points: 
  • Frick joins NFP following an 11-year tenure with Marsh, where she served as a senior vice president and financial and professional liability client advisor.
  • Her expertise includes employment practices liability, directors and officers, errors and omissions, fiduciary, cyber and crime insurance.
  • Frick will report to Kevin Smith, senior vice president of NFP's management and professional liability practice.
  • "She is a talented professional who brings new perspective and energy to our growing practice.

Insure.com Reports Highest and Lowest Insurance Rates for Used Cars

Retrieved on: 
Thursday, July 29, 2021
Types of insurance, Vehicle insurance, Insurance, Vehicle insurance in the United States

Early results of an ongoing Insure survey show that nearly 53% of those who purchase used cars fail to consider the cost of insurance in their car-buying decision.

Key Points: 
  • Early results of an ongoing Insure survey show that nearly 53% of those who purchase used cars fail to consider the cost of insurance in their car-buying decision.
  • "Our interactive used car insurance tool can help drivers view the rates they may pay on different car models and we explain the car insurance rate factors that can impact premiums."
  • Gusner is available to comment on how drivers can make the best used car choice by considering insurance costs when making a purchase decision and taking advantage of an auto insurance advisor tool.
  • Consumers have access to free car insurance quotes and guidance on finding the right insurance policy, saving money and solving claims problems.

Digitization, Automation and Innovation are Revolutionizing the U.S. Home Insurance Market, According to a New Study from LexisNexis Risk Solutions

Retrieved on: 
Thursday, July 29, 2021
Insurance, LexisNexis Risk Solutions, Types of insurance

To conduct the research, LexisNexis Risk Solutions surveyed the top 50 U.S. home insurance carriers1 about the home insurance buying process.

Key Points: 
  • To conduct the research, LexisNexis Risk Solutions surveyed the top 50 U.S. home insurance carriers1 about the home insurance buying process.
  • Results showed that carriers are prioritizing automation in home insurance buying as the impact of COVID-19 on claims activities continues.
  • Home insurance carriers can turn these market disruptions into opportunities by finding ways to more effectively leverage data analytics.
  • According to the study :
    67% are in the process of making changes to their investments in the home insurance buying process.

Chubb Launches Academy to Recruit Diverse New Talent Into Insurance Industry

Retrieved on: 
Thursday, July 29, 2021
Actuarial science, Types of insurance, Insurance, General insurance, Reinsurance, Financial services, Finance, Chubb Limited

That's why I am delighted that we have launched the Chubb Academy.

Key Points: 
  • That's why I am delighted that we have launched the Chubb Academy.
  • The insurance sector has changed significantly in recent years and insurers need to recruit people from the widest range of backgrounds possible.
  • Chubb is the world's largestpublicly traded property and casualty insurance company.
  • With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.