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Earnix launches AI orchestration system to improve insurers’ decision-making

Dynamic artificial intelligence insurance platform Earnix announced the launch of AIOS, the artificial intelligence orchestration system for insurance, which integrates intelligence, agents, models, workflows, governance and human supervision into a single decision-making engine, aiming to improve insurance company performance. AIOS extends Earnix’s intelligent decision-making capabilities across the entire insurance lifecycle, enabling insurers to apply AI…

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Mexico partners with LM Re for new parametric earthquake and volcanic insurance program

The Mexican federal government, through its Sovereign Catastrophe Risk Financing Strategy, has deployed nationwide parametric earthquake and volcano risk insurance, with Liberty Mutual Reinsurance (LM Re), a division of Liberty Mutual Insurance Group, as the primary capacity provider. The parametric insurance solution, brokered by Augment Risk and domestic broker TBS, reportedly complements Mexico’s long-term catastrophe…

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Stand expands Florida presence with launch of voluntary hurricane insurance product

Stand, a property insurance and risk mitigation company that uses advanced models to assess catastrophe risk at the individual household level, has launched the first voluntary hurricane insurance product in Florida. The launch marks the expansion of the company’s activities in the state and reflects its strategy of linking insurance pricing to property-level resilience improvements….

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W. R. Berkley appoints Kirk A. Parker as President, Berkley North Pacific

Commercial property and casualty insurance and reinsurer WR Berkley Corporation has appointed Kirk A. Parker president of Berkley North, effective immediately. Parker has nearly three decades of leadership experience in the property and casualty insurance industry. He also has expertise in optimizing operations and accelerating profitable growth in distribution networks. Most recently served as senior…

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Lincoln Financial promotes three to Senior Management Committee

Lincoln Financial, a US financial services company specializing in insurance, retirement and wealth management products, has announced the promotion of three senior executives to its Senior Management Committee (SMC). The company appointed Darrel Tedrow as executive vice president, president of life insurance and retail shared services; Curtis Chesney as executive vice president and president of…

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