HSB, part of Munich Re. has launched HSB Precision Ag insurance, a suite of coverages for evolving farm data risks, technology and state-of-the-art equipment. Designed for large commercial enterprises and smaller family farms, the coverage combines equipment breakdown and cyber …
Insurance agency technology firm Vertafore has released a product it says puts the power of data and analytics into the hands of independent agencies. The new offering, MarketTrends, helps agencies identify coverage trends, cross-sell opportunities and appropriate markets in an …
Systems are still down a week after a ransomware attack disrupted the IT network of five hospitals in the New Zealand district of Waikato, and concerns remain that private patient information may have been exposed. Patients are being asked to …
This wrap-up of international People Moves details recent appointments at Ballantyne Brokers; Trust International Insurance and Reinsurance Co., and specialty re/insurer Chaucer. A summary of these new hires follows here. Ballantyne Brokers Ltd., the independent London broker, announced the appointment …
The biggest shareholder in Nordea Bank Abp offloaded another chunk of its stake as it moves ahead with a planned exit from the Nordic region’s largest bank. Sampo Oyj sold 162 million shares in Nordea to institutional investors for 8.50 …
Superstorm Sandy flooded lower Manhattan in 2012 with nearly 5 feet (1.5 m) of water, swamping the city’s subway and destroying homes and businesses. The storm and its aftermath were a wake-up call that New York City was not immune …
The Biden administration is working with pipeline companies to strengthen protections against cyberattacks following the Colonial Pipeline hack, with announcements of actions planned in coming days, the Department of Homeland Security (DHS) said on Tuesday. A ransomware attack forced Colonial …
Swedish tech start-up Haidrun has launched an enterprise blockchain platform targeted at insurers and reinsurers. Haidrun’s private blockchain platform eliminates suspicious and duplicate transactions by securely and chronologically logging each event, document or transaction. Once verified, actions are cryptographically sealed …
Rising Edge, a London-based directors and officers (D&O) managing general agent, announced its official launch with the appointment of four key hires. As previously announced, Rising Edge will focus on D&O insurance and is led by Philippe Gouraud, a well-known …
A magnitude 4.2 earthquake struck Sunday beneath the south flank of Kilauea Volcano on the island of Hawaii, the U.S. Geological Survey’s Hawaiian Volcano Observatory confirmed. The earthquake was centered about 9 miles south of the volcano, at a depth …