Allianz

AMERICAN TRAVEL TO EUROPE DASHES TO NEW HEIGHTS FOR 2023 HOLIDAYS

Retrieved on: 
Monday, November 27, 2023

RICHMOND, Va., Nov. 27, 2023 /PRNewswire/ -- The number of Americans heading to Europe for the holidays is up significantly compared to last year, according to new data from the Allianz Partners' 2023 European Holiday Destination Index. The leading travel insurance and assistance company found that American travel to Europe this holiday season is up by 21% compared to 2022, and destinations such as Barcelona are seeing increases up to 61%.

Key Points: 
  • American travel to Europe continues to grow at a furious pace.
  • Allianz Partners' summer travel survey found trips to Europe increased by 55% in 2023 over the previous year.
  • Allianz Partners USA reviewed more than 1.3 million travel itineraries* across the peak holiday travel period to highlight the season's most popular European destinations for 2023.
  • Allianz Partners offers travel insurance through most major U.S. airlines, leading travel agents, online travel agencies, hotel companies, cruise lines and directly to consumers.

Enter a Lottery for a Free Pass to Reuters Events: The Future of Insurance Europe 2023

Retrieved on: 
Monday, November 6, 2023

This year will see 350+ attendees and truly marks the must-attend thought-leadership focused event for the European insurance industry.

Key Points: 
  • This year will see 350+ attendees and truly marks the must-attend thought-leadership focused event for the European insurance industry.
  • Get your pass here to save €200 and enter our lottery to win a FREE ticket for your colleague - register before Fri, 3rd Nov!
  • (Lloyds Europe, Generali, Swiss Life)
    For the full 2-day event program PDF with all sessions and networking activities, please see the FOI Europe 2023 website.
  • - the prize draw will take place on Monday so you have until EOW (03/11) to register your pass for a chance to win!

Coalition Launches Active Cyber Insurance in Australia

Retrieved on: 
Monday, November 6, 2023

Coalition , the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today launched its suite of innovative Active Cyber Insurance products in Australia.

Key Points: 
  • Coalition , the world’s first Active Insurance provider designed to prevent digital risk before it strikes, today launched its suite of innovative Active Cyber Insurance products in Australia.
  • Active Cyber Insurance is more than risk transfer; it’s a new type of insurance built for the digital age, as it works with organisations to help them understand their cyber risk profiles, improve their defences, and, ultimately, prevent future attacks.
  • “We have observed the intense business need in Australia for access to a comprehensive solution like Active Cyber Insurance that can detect, assess, respond to, and, ultimately, prevent cyber risk.
  • Allianz is a strategic partner of Coalition , also providing capacity for the company’s U.S. and U.K. cyber insurance programs.

Voya Financial announces third-quarter 2023 results

Retrieved on: 
Tuesday, October 31, 2023

Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today its third-quarter 2023 financial results:

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), a leading health, wealth and investment company, announced today its third-quarter 2023 financial results:
    Net income available to common shareholders of $2.29 per diluted share.
  • Approximately $0.8 billion of excess capital generated during the trailing 12 months (TTM) ended Sept. 30, 2023.
  • As of Sept. 30, 2023, Voya had approximately $0.4 billion of excess capital, reflecting capital generation of over 90% of after-tax adjusted operating earnings in third-quarter 2023 and for the TTM ended Sept. 30, 2023.
  • In addition, Voya will host a conference call on Wednesday, Nov. 1, 2023, at 10 a.m.

Pacific Prime Releases the State of Health Insurance Report 2023

Retrieved on: 
Tuesday, October 31, 2023

Pacific Prime, an award-winning global health insurance brokerage and employee benefits specialist, has released the State of Health Insurance Report 2023.

Key Points: 
  • Pacific Prime, an award-winning global health insurance brokerage and employee benefits specialist, has released the State of Health Insurance Report 2023.
  • View the full release here: https://www.businesswire.com/news/home/20231030061968/en/
    Get a bird's eye view of the latest trends impacting the health insurance landscape in 2023.
  • Neil Raymond, Founder and CEO at Pacific Prime, said: “Pacific Prime’s State of Health Insurance Report is a fantastic insurance resource that keeps up with the ever-evolving IPMI sector and provides much-needed clarity to help readers make informed decisions.
  • Established in 2000, Pacific Prime is an award-winning global insurance brokerage and employee benefits specialist that offers individual and corporate insurance solutions.

NEXT Insurance Enters Partnerships with Allstate and Allianz X, Supported by $265 Million Strategic Investment

Retrieved on: 
Wednesday, November 1, 2023

NEXT has committed to serving the more than 33 million small businesses in America, one of the largest -- and most important -- segments in the U.S. economy. Today over a half a million small businesses across the U.S. rely on NEXT for its easy-to-use online platform, time-saving resources, and essential coverage, including general liability, commercial property, workers' compensation, and more.

Key Points: 
  • The partnerships come with a $265 million strategic investment from Allstate and Allianz X.
  • Born from a digital-first, data-driven approach to modernize insurance, NEXT's foundation was built to address the specific needs of small business owners that had previously been unmet.
  • As the needs of small business owners shift towards a more digitally-native insurance experience, it's clear that technology-led insurers have set a new standard.
  • "Together, we will meet the full insurance needs of small businesses, delivered on the platform of the future."

Cegedim: Growth continued in third quarter 2023

Retrieved on: 
Thursday, October 26, 2023

Insurance BPO posted growth of 70% in the third quarter and 51.5% over the first nine months, driven by the April 1 start of the Allianz contract and overflow business.

Key Points: 
  • Insurance BPO posted growth of 70% in the third quarter and 51.5% over the first nine months, driven by the April 1 start of the Allianz contract and overflow business.
  • Development in BPO for HR departments continues, with cumulative growth of 8.4% since the start of the year.
  • To the best of the company's knowledge, there have been no national or international events or changes during the third quarter of 2023 that would be likely to have a material impact on the Group's financial position.
  • It was sent to Cegedim’s authorized distributor on October 26, 2023, no earlier than 5:45 pm Paris time.

THIS THANKSGIVING, AMERICANS ARE GOBBLING UP FLIGHTS TO NEW YORK CITY AND MEXICO'S BEACHES

Retrieved on: 
Tuesday, October 24, 2023

RICHMOND, Va., Oct. 24, 2023 /PRNewswire/ -- Americans are continuing to prioritize trips to the Big Apple and the beaches of Mexico for their turkey-day celebrations, according to the 2023 Allianz Partners Top 10 Thanksgiving Destination Index.

Key Points: 
  • Allianz Partners reviewed more than 800,000 travel itineraries* around the Thanksgiving holiday to reveal the most popular domestic and international destinations for 2023.
  • Roundtrip flights departing from United States airports from Saturday, November 18 to Thursday, November 23, and returning Friday, November 24 to Tuesday, November 28 were considered.
  • For the third consecutive year, New York City reigns as the number one domestic destination drawing in Americans for Thanksgiving celebrations.
  • Orlando rounds out the top three for the second year in a row, indicating Americans' desire for warm weather fall getaways.

NAIFA Sells Out Its Inaugural Apex East Regional Conference

Retrieved on: 
Tuesday, October 24, 2023

ARLINGTON, Va., Oct. 24, 2023 /PRNewswire-PRWeb/ -- The National Association of Insurance and Financial Advisors (NAIFA) is hosting its inaugural regional conference based on its national conference named Apex. Apex East will be held today, October 24, at NAIFA's association headquarters building in Arlington, VA. Apex East is a regional spin-off of the Apex conference that was launched in August 2022 and will be held again in Arizona in September 2024.

Key Points: 
  • Apex East, NAIFA's signature professional development event, is being delivered in a regional format for 2023 and has attracted top producers and professionals from associated fields.
  • ARLINGTON, Va., Oct. 24, 2023 /PRNewswire-PRWeb/ -- The National Association of Insurance and Financial Advisors (NAIFA) is hosting its inaugural regional conference based on its national conference named Apex.
  • Apex East will be held today, October 24, at NAIFA's association headquarters building in Arlington, VA. Apex East is a regional spin-off of the Apex conference that was launched in August 2022 and will be held again in Arizona in September 2024.
  • We are particularly pleased this year to host Apex East in the world-class conference facilities at NAIFA's new headquarters building.

Vehicle Data Can Become a Turbo for the European Digital Economy

Retrieved on: 
Tuesday, October 17, 2023

“The new law stands for innovation and competition – it is a European initiative to strengthen the European digital economy.

Key Points: 
  • “The new law stands for innovation and competition – it is a European initiative to strengthen the European digital economy.
  • For “easily accessible data,” the EU Data Act even requires the data to be made available in real time.
  • The EU Data Act stipulates that “easily accessible data” must be transmitted in real time – but what data is that?
  • Allianz calls for a regulated marketplace and an independent data trustee who ensures the secure exchange of vehicle data.