Business News: EPS Settlements Group, NORCAL Mutual, Coverys

EPS Settlements Group Rebranded as Arcadia EPS Settlements Group recently announced the company’s refreshed brand, including its new name – Arcadia – and logo. Arcadia was born out of a desire to create long-term financial security and an improved quality …

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How to Format a Claims Letter

How do you format a letter? companies seem to be in search of a reliable, reasonable format that will help their letters achieve a consistent, easy-to-read “look.” The following are some tips on gaining consistency in a business …

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Time to Choose Sides in Global Markets

The first half of 2017 has ended with big moves in global bond yields and exchange rates, sparked by a belated realization that central banks are increasingly edging toward reining in extraordinary policy measures. The stage is set for a scrappier second half.

Read more here:: Wall Street Journal

Massachusetts Senate Bill Calls for Hands-Free Cellphone Use by Drivers

The Massachusetts Senate is considering a bill that would require drivers to put down their cellphones while behind the wheel. Under the measure scheduled for debate on Thursday, motorists would only be allowed to use their cellphones, or other electronic …

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BrandPost: Are You on a Path to Hyperconvergence?

The buzz surrounding containers and hyperconvergence has CIOs and business leaders intrigued about the benefits and cost savings of moving to a Hyperconverged Infrastructure Solution (HCIS). But, what’s the best choice for your company, and what’s the best path to get there?

“HCIS is not a destination, but an evolutionary journey,” Gartner declared in a recent report titled, Prepare for the Next Phase of Hyperconvergence.1

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Gartner explains, “We are on the cusp of a third phase of integrated systems: Phase 1 is the peak period of blade systems (2005 to 2015); Phase 2 marked the arrival of converged infrastructures and the advent of hyperconverged integrated system (HCIS) for specific use cases (2010 to 2020); Phase 3 represents continuous application and microservices delivery on HCIS platforms (2016 to 2025).”

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BrandPost: ‘Intelligent’ Analytics Fuels Faster, Smarter Decision Making

Timely, relevant, and actionable data are the keys to successful digital transformation, yet businesses are still scrambling to revamp data and analytics practices to fully unleash the value of big data.

More than three quarters (78%) of IT leaders responding to IDG’s 2016 Data & Analytics survey say big data analytics holds the key to their future, potentially changing the way their company does business over the next three years. More than half of the 724 IT decision makers surveyed (53%) are currently implementing or have plans to initiate projects to generate greater value from existing data within the next year.

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Car crash deaths predicted to reach nearly 600 over July 4th holiday

Are you planning a road trip during the long, four-day Fourth of July holiday? Make safe decisions and follow these tips to ensure a safer journey.

Read more here:: Property Casualty 360

India market report: Liberalisation but tough stance on compliance

The Indian market has undergone a number of changes in the past few years, not least the raising of the foreign direct investment limit in the sector from 26% to 49%, which has seen a number of global insurers raise the stakes in their Indian joint ventures. There has also been a tougher stance taken by the regulatory…

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AXA Hong Kong appoints new CEO

AXA Hong Kong has appointed Etienne Bouas-Laurent as CEO, subject to regulatory approvals. He will take up his new position on 1 September 2017. He was previously CEO of AXA Asia Life and will continue to report to Jean-Louis Laurent Josi, regional CEO of AXA Asia. The move follows the retirement of Stuart Harrison from the AXA Hong Kong CEO…

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Management buyout of QBE Chile rebrands company as Unnio

The buyout of QBE Chile Seguros Generales S.A, a subsidiary of QBE Latin America Holdings, has been completed, with the new company now rebranded as Unnio Seguros Generales. The buyout was led by Diego Panizza, CEO, with capital provided by a Capsicum Re affiliate. The team was advised by Gustavo Zang (independent lead financial adviser), Capsicum Re…

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‘No-deal’ Brexit would hit supply chains and services hard, warns Euler Hermes

Failure for the EU and UK to reach a fair trade deal under Brexit negotiations would have big implications for supply chains and services, according to Euler Hermes. In a webinar, Euler Hermes’ Europe economist Ana Boata sketched out three possible scenarios for Brexit negotiations. The credit insurer sees a 55% chance the EU and UK will reach a limited…

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India’s Tax Reform Is Far From Straightforward

A new goods and sales tax is an improvement on the current situation, but still too complex

Read more here:: Wall Street Journal

Zurich: SMEs could end up underinsured due to common mistake

“It can mean the difference between you being in business, or not,” expert says

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AGCS opens S Korea office as Asia expansion continues

Allianz Global Corporate & Specialty (AGCS), the corporate and specialty arm of the German insurer, has opened a new office in South Korea. The office opening means that AGCS is the first foreign insurer to be granted regulatory approval by the South Korea Financial Services Commission to operate with a local license, AGCS. It will cover a variety…

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Economy Is Losing a Big Booster

The oil-price rebound gave capital spending a boost but weakening prices means it will likely be short-lived.

Read more here:: Wall Street Journal

InsurTech and commercial lines: Out from the shadows

Until recently, most of the InsurTech activity and visibility in property and casualty has been related to personal lines.

Read more here:: Property Casualty 360

Cold calling superstar shares his secrets

Former advisor tells us how he went from cold calling underperformer to leading sales expert and script writer.

Read more here:: Property Casualty 360

Researcher Identifies Cause of Fireworks-Related Eye Injuries

For years, most researchers thought July 4 fireworks-related eye injuries were likely caused by what’s called blast overpressure: that the pressure wave unleashed by the explosion increased the pressure in the eye, causing bleeding and even rupture of the eyeball. …

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Trampolines: Bouncing Fun or Backyard Danger?

It’s summertime. What could be more fun than a group of children bouncing on a backyard trampoline? But, a look at statistics may change a parent’s mind. “Trampolines are a prime culprit in thousands of emergency department visits each year,” …

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Firework Duds Pose Most Danger to Fourth of July Revelers

Fireworks are synonymous with the Fourth of July. The colorful displays, which contain combustible chemicals, are expected to explode shortly after they’re ignited, but sometimes that doesn’t happen and the result can be dangerous. , a professor in the …

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