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Insurtech weekly: Canopius, Akur8, Pier, EIS, Quant Insight

InsuranceERM rounds up the latest developments in the fast-moving world of insurtech

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ERM plays catchup on digital transformation

Digital transformation has long been heralded as a game changer for the insurance business. However, its impact has mostly been confined to insurers' front-end processes - with risk and capital functions proving more challenging to digitalise. Ronan McCaughey explains

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Markel faces Covid-19 BI class action lawsuit in US

The case involves a fitness chain that lost business due to state-imposed Covid-19 restrictions.

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Generali unit's SCR falls by a third from internal model adoption

Austrian insurer reveals Solvency II coverage improvement in 2018 SFCR

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Vullo to leave NYDFS role in February

Steps down from position at one of the most powerful financial authorities in US

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GDPR data requests - a flood or a trickle?

The EU's General Data Protection Regulation (GDPR) was introduced on 25 May with warnings that insurers would be inundated with customers requesting details of the personal data held on them. Now, almost eight weeks later, have these requests materialised? Paul Walsh investigates

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Abu Dhabi sovereign fund takes stake in PIC

Buys out founding shareholder J.C. Flowers

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Uniqa chief takes top role at Insurance Europe

Andreas Brandstetter says industry "must evolve"

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General Electric faces lawsuits over LTC under-reserving

Senior executives also named as defendants

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BaFin lists failings of German insurers' Solvency II reporting

However, regulator says pillar III documents overall were satisfactory