Preferred Mutual Appoints Claims Chief Preferred Mutual Insurance Co. has hired Michelle Raue as senior vice president of claims. The carrier, based in New Berlin, New York, said Raue has more than 30 years of claims, operational and leadership experience. …
Beazley Promotes 2 in Claims Team Specialist insurer Beazley has promoted Steven Chang to global head of complex claims and Kati Bynon to global claims leader for health care. The two appointments follow Beth Diamond’s promotion to group head of …
The recent deadly crash of an Uber autonomous car in Arizona highlights the evolving risk related to artificial intelligence (AI). A newly released report by Allianz Global Corporate & Specialty, The Rise of Artificial Intelligence: Future Outlook and Emerging Risks, …
In the new report The Rise of Artificial Intelligence: Future Outlook and Emerging Risks, Allianz Global Corporate & Specialty (AGCS) identifies both the benefits and emerging risk concerns around the growing implementation of Artificial Intelligence (AI) in society and industry, …
Business interruption (42%) and cyber incidents (40%) lead this year’s top business risks, globally, according to the seventh annual Allianz Risk Barometer. Allianz Global Corporate & Specialty (AGCS) announced the findings last week, based on insight from 1,911 risk experts …
Defective product risk is an increasing peril for companies, causing significant financial damage, according to a newly released Allianz Global Corporate & Specialty (AGCS) report. Recall exposures have increased significantly over the past decade, bringing the potential for larger and …
Large shipping losses have declined by 50 percent over the past decade, mostly driven by the development of a more robust safety environment by ship owners, according to Allianz Global Corporate & Specialty SE’s (AGCS) fifth annual Safety & Shipping …
Not only are liability losses increasing but they are getting more expensive, particularly in relation to global product recalls, corporate liability, cyber and environmental incidents, according to a new report by Allianz Global Corporate & Specialty (AGCS). Global Claims Review: …
More drones in the skies raise a number of new safety concerns, ranging from collisions and crashes to cyberattacks and terrorism, according to the latest risk report from Allianz Global Corporate & Specialty (AGCS): Rise of the Drones: Managing the …
Solera to Acquire Enservio Solera Holdings, Inc., a global provider of cognitive technologies for the automotive and home ownership ecosystems, announced a definitive agreement to acquire 100 percent ownership of Enservio, Inc., a U.S. provider of SaaS-based software and services …