Editor at Coverager
Marketing strategy is evolving toward more targeted spend.
The company is scaling AI across underwriting and claims, focusing on submission intake and prioritization.
The new property capability will be delivered through underwriting hubs in France, Italy and Spain.
The company pointed to cyclical pressure in property and industrial-related lines.
Sandberg joins from National Life Group.
Hiscox, which has supported CGU since 2000, will continue providing capacity following the transaction.
The acquisition continues Cognizant’s recent push into AI.
Reassured attributes much of its growth to a digital strategy centered on AI and data.
Tokio Marine Kiln is joining as Ki’s fifth capacity partner.
For Western & Southern, the deal builds on earlier moves into family-focused financial services, including its acquisition of Gerber Life.
Both applications sit at the intersection of insurance compliance, lending/collateral management, and AI automation.
Management flagged increased competition from MGAs and broker facilities.
Tied to insurance data analysis.
GEICO feeds the funnel.
The involvement of Tokio Marine Group shifts the effort toward pairing insurance expertise with ESG data to develop new opportunities around non-financial information.