Indian
Amit Shah directs MHA, NDMA to develop comprehensive software by March 2024 carrying scientific data on disaster
Union Home Minister Amit Shah Union Home Minister Amit Shah said...
Max Life and Axis Bank celebrate 13 yrs of bancassurance partnership
The partnership has since inception served more than 25 lack...
Odisha triple train crash: Death toll climbs to 288, around 900 injured
While it is not clear what caused the crash, sources indicate a...
Odisha train accident: PM Modi announces ex-gratia of Rs 2 lakh for next of kin of deceased
At least 50 people were killed and more than 350 injured in a...
International
Biden to outline plan to curb coronavirus Delta variant as cases grow
Reuters data shows that more than 20,800 people have died in the United States from COVID-19 in the past two weeks, up about 67% from the prior two-week period. Hospitalizations have grown, with seven U.S. states – Alaska, Georgia, Hawaii, Idaho, Kentucky, Tennessee and Washington – reporting records this month.
According to the U.S. Centers for Disease Control and Prevention, 62.3% of Americans have received at least one vaccine dose and 53% – 176 million people – are fully vaccinated.
Major U.S. insurers jump on distribution platforms to gain customers, sales
The powerful new platforms, including Semsee, bolttech, Bold Penguin and Uncharted, pull data from many carriers, allowing agents to see multiple quotes for policies, much the way travel agents see competing air fares.
Chubb Ltd, Travelers Companies Inc and Liberty Mutual have signed on recently as have agencies that also sell policies, executives said.The growth of digital distribution represents a shift in how insurers compete in markets for auto and homeowner coverage as well as business and commercial lines worth hundreds of billions of dollars annually, experts said.
Carriers also benefit from being able to meet more of a customer’s needs, even if they are not selling their own policy.
Climate NGOs in Germany threaten legal action against VW, Daimler, BMW
$25–$35 billion insured losses in Gulf of Mexico from hurricane Ida: RMS
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