When will technology firms displace existing players in the traditional commercial and specialty (re)insurance arena?
The following article is brought to you by Digital Insurance Agenda (DIA) founders Roger Perevelli and Reggy de Feniks in the run up to the DIA Amsterdam InsurTech conference on 16 and 17 May.
Innovation is a tricky business. Despite what the buzzword bandits would have you believe, it is extraordinarily difficult to impose innovation - and the attitudes associated with it - on a given environment.
The Corporation of Lloyd’s senior management have been signalling their commitment to cost-reductions for some time - so one can imagine there was a collective groan when it published its market-wide results last month.
The next few months may well prove crunch time for wholesale broker Miller.
Re-Insurance.com’s revelation that Darag is raising EUR100mn to bolster its M&A firepower, and the firm’s subsequent confirmation yesterday that it is teaming up with Scandinavian investment house New Nordic to acquire live businesses, demonstrates just how much interest there is in the run-off sector.