Tag: Commercial Auto Insurance

Anchor Group Management Partners with Duck Creek to Innovate Insurance Payments

Discover how Anchor Group Management is revolutionizing payment systems with Duck Creek's innovative solutions for the insurance sector. Learn more!

Anchor Group Management Enhances Commercial Auto Insurance with Duck Creek Payments

Discover how Anchor Group Management improves commercial auto insurance payment processes with Duck Creek Payments, enhancing efficiency and compliance.

Duck Creek Technologies Partners with AGMI for Enhanced Payment Solutions

Discover how Duck Creek's partnership with AGMI enhances payment processing in commercial auto insurance, streamlining operations and delivering superior service.

Prime Insurance Company Rating Downgrade: What You Need to Know

Explore insights on Prime Insurance Company's rating downgrade by AM Best, its impact on financial performance, and future assessment expectations.

INSURICA Acquires First Light: A Major Step in Transportation Insurance

INSURICA's acquisition of First Light enhances its transport insurance portfolio, driving growth and expertise in the face of industry challenges. Learn more!

Roadzen Acquires EliteCover to Boost Commercial Auto Insurance Capabilities

Roadzen strengthens its commercial auto insurance offerings by acquiring MGU EliteCover, enhancing underwriting capabilities and market presence.

Roadzen Acquires EliteCover to Expand AI-Powered Commercial Auto Insurance Platform

Roadzen completes acquisition of EliteCover, enhancing its AI-driven underwriting and claims platform in the U.S. commercial auto insurance sector with expanded MGU licensing and fleet risk management capabilities.

U.S. Commercial Auto Insurance Sector Posts $10B Underwriting Losses in Two Years

AM Best report reveals $10 billion underwriting losses in U.S. commercial auto insurance over two years, driven by loss severity, social inflation, and reserve issues.

INSHUR Welcomes Guy Farley to Guide AI and Autonomous Vehicle Insurance Strategy

INSHUR appoints Guy Farley to UK Board of Advisors to drive AI and autonomous vehicle insurance development, signaling a strategic shift in mobility insurance innovation.

U.S. Commercial Auto Insurance Endures Continuous Underwriting Losses in 2024

AM Best reports ongoing underwriting losses in U.S. commercial auto insurance for 14 years, driven by rising loss severity and claims costs despite operational efficiencies and rate increases.