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Month: December 2022


InsurTech, Risk Management, Trends

AI use in Bermuda re/insurance market low, but set to accelerate: BMA

December 2, 2022

Via: Reinsurance News

A new report by the Bermuda Monetary Authority (BMA) has concluded that use of artificial intelligence and machine learning technologies in the Bermuda re/insurance market is still currently in its infancy, but is set to pick up significantly over the […]


Financial, Risk Management

AM Best Downgrades Credit Ratings of Minnesota’s RAM Mutual

December 1, 2022

Via: Insurance Journal

AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “a” (Excellent) of RAM Mutual Insurance Company (RAM) (Esko, MN). The outlook of these Credit Ratings […]


News

Michigan’s Ford Credit Company to Launch Commercial Vehicle Insurance

December 1, 2022

Via: Insurance Journal

Michigan-based Ford Credit announced plans to launch Ford Pro Insure, a new commercial auto insurance product powered by Pie Insurance. “Ford Pro customers have come to expect a complete set of products and services that ensure their fleets are the […]