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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, …

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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, …

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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 …

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Lloyd’s Syndicate Firm Launches Professional Liability Insurer, Based in Charlotte

Insurance Journal

Beat Capital Partners, a London-based incubator of underwriting franchises and subsidiary of Ambac Financial Group, said it has launched a professional liability insurance company, based in Charlotte. ProRise Insurance Services will stand up Oct. 1, with Doug Karpp, a former …

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AM Best Assigns Issue Credit Rating to Church Mutual’s Surplus Notes

Insurance Journal

surplus notes due 2044 issued by Church Mutual Insurance Company, S.I. AM Best said it has assigned and placed under review with negative implications a Long-Term Issue Credit Rating of bbb+ (Good) to the $40 million, 9.5% Additionally, AM Best …

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Intelligent Underwriting Strategic Business Value for Group, Voluntary Benefits and Worksite Insurers

Majesco

The business value of intelligent, AI-powered underwriting solutions, business processes and operating models is driving operational efficiencies, productivity, and profitability. As reflected in Majesco’s 2022 Strategic Priorities Research , 25-30% of insurers have implemented a digital underwriting workbench.

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Underwriting and High-Risk – How We Help You Get The Best Rate!

RiskQuoter

If you have a high-risk health history or unique underwriting issue, we’ll help you find the best life insurance companies. Don’t let an underwriting issue […] The post Underwriting and High-Risk – How We Help You Get The Best Rate! appeared first on RiskQuoter.com.