The St. Paul Cos. has unveiled a new platform aimed at growing the company's business with small commercial enterprises. The centerpiece of the St. Paul, Minn.-based carrier's initiative is a new technology platform called SPCXpress. The Web-based online tool enables contracted agents and brokers to qualify, price, issue and endorse typical small business policies online in much less time than it normally takes to underwrite and process this type of business. In addition, agents and brokers can view customer billing records, claim status and other account information right from their agency desktops.
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Insurance payouts for Tuesday's collapse of the Francis Scott Key Bridge in Baltimore could be among the largest ever in marine insurance, according to Lloyd's of London Chief Executive Officer John Neal.
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Telematics data class action; NHTSA grants for state crash data collection and more legal news.
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With its checkered history of risk placement process modernization fading away, the London Market is now pushing towards a bright new data future.
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Property and climate risk solution provider's new product pairs property data and AI assessments of roof images.
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A series about Insurtech 2.0 as an evolution and movement, the data management foundations, and how advances will improve claims and underwriting.
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A tanker bound for Sri Lanka hit a pylon on the Francis Scott Key Bridge in Baltimore, causing it to collapse in seconds. What are the insurance implications?
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