Chicago-based InsuranceNoodle has signed its 3,500th "NoodleNetwork" insurance agency partner to quote and bind small-business insurance online. The e-broker's proprietary, Web-based agency technology enables its partners to write and service small-business insurance with leading national brands through a single-entry, multi-carrier (SEMCI) application. InsuranceNoodle's Internet-based distribution model provides online access to commercial coverages from carriers including AIG, Chubb, CNA Surety, The Hartford, Kemper, The St. Paul, and Zurich U.S.
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The top five insurance companies have an average P&C market share of 6.50% as of December 31, 2023.
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Lloyd's appointed Dawn Miller as chief commercial officer, and CEO of Lloyd's Americas; plus more career moves.
April 22 -
Greater exposure to climate risks is driving an increase in insurance premiums and decrease in insurance availability.
April 22 -
Laws against inducements and referral fees are among the obstacles for carriers looking to distribute coverage by embedding it in other channels.
April 21 -
Capgemini Research Institute's World Property and Casualty Insurance Report 2024 indicates insurance executives see the potential benefits of AI and ML but underwriters are concerned about overcomplexity and data integrity.
April 21 -
The two companies, units of Japan-based Tokio Marine Holdings Inc., said the decision will affect 12,556 policies with premiums of $11.3 million.
April 19