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Mitsui Direct Accelerates Transformation of Claims Operations by Migrating to Guidewire Cloud Platform

Mitsui Direct Accelerates Transformation of Claims Operations by Migrating to Guidewire Cloud Platform Guidewire announced that Mitsui Direct General Insurance Co., Ltd. (hereinafter "Mitsui Direct"), a direct-channel non-life insurance company and member of the MS&AD Insurance Group, selected Guidewire ClaimCenter on Guidewire Cloud Platform...

‘My Home Burned Down in the Palisades Fire—Here’s What No One Tells You About Insurance’

After the housing market was transformed first by record-low mortgage rates, then by inflation and cooling demand, real estate is going through yet another transformation. This time, it’s driven by rising home insurance premiums.In regions at a high risk of natural disaster, rates...

92.5% Loss Ratio, Safety Score Frustrations, and the Vandalism Challenge

Tesla Insurance Faces Challenges Amid Rising Losses and Customer Concerns Tesla’s insurance business is facing significant headwinds as recent data reveals the company’s loss ratio exceeds industry averages, raising questions about the sustainability of...

iA Financial Group posts 19% increase in core earnings for first quarter

The company's solvency ratio was 132%, and capital ... business and the Vericity acquisition, which added CA$8 million to insurance results. Source link