Vienna Insurance Group (VIG)’s Post

Curious about what's in store for mobile plant and equipment insurance in 2024? Tune in as senior representatives from UAA share their perspectives in Roads & Infrastructure Australia. UAA Group CEO, Stan Alexandropoulos and UAA Group Strategy & Distribution Manager, Marc Crossman emphasise the company's commitment to enhancing insurance claims services and its proactive approach to change within the insurance industry. Read the article at https://bit.ly/3vS1ipT #UAA #ProudlyPartOfUAAGroup #MECON #MECONInsurance #insurancepartner #constructioninsurance

Several factors can contribute to higher insurance rates, including: 1. Increase in Traffic: More cars on the road means a higher chance of accidents. 2. Auto Technology: As vehicles incorporate advanced technology, repair costs rise. 3 Natural Disasters: Increased natural disasters can lead to more comprehensive filings. 4. Accident count: If there are more break-ins or accidents in your area, rates can go up. Understanding these factors can help you manage your insurance costs better. Looking for ways to keep your rates stable? Contact us today for a review of your policy. 📍318 W Main St Suite 1 Genoa, IL 60135 ☎️ (815) 784-3337 #insurancerates #autoinsurance #goodneighbor #statefarm #genoa #illinois #genoainsurance #youragentmarkcarlson #markcarlsoninsurance 📍318 W Main St Suite 1 Genoa, IL 60135 ☎️ (815) 784-3337 #insurancerates #autoinsurance #goodneighbor #statefarm #genoa #illinois #genoainsurance #youragentmarkcarlson #markcarlsoninsurance

Several factors can contribute to higher insurance rates, including: 1. Increase in Traffic: More cars on the road means a higher chance of accidents. 2. Auto Technology: As vehicles incorporate advanced technology, repair costs rise. 3 Natural Disasters: Increased natural disasters can lead to more comprehensive filings. 4. Accident count: If there are more break-ins or accidents in your area, rates can go up. Understanding these factors can help you manage your insurance costs better. Looking for ways to keep your rates stable? Contact us today for a review of your policy. 📍903 W 1st St NE Rome, GA 30161 ☎️ (706) 291-2651 #insurancerates #autoinsurance #goodneighbor #statefarm #rome #georgia #romeinsurance #youragentmattmedley #mattmedleyinsurance 📍903 W 1st St NE Rome, GA 30161 ☎️ (706) 291-2651 #insurancerates #autoinsurance #goodneighbor #statefarm #rome #georgia #romeinsurance #youragentmattmedley #mattmedleyinsurance

Lithium-ion batteries, and more specifically, the electric vehicles that use them, have been high on the news agenda since the loss of car-carrying vessel Felicity Ace off the Azores in February 2022, and yet another fire that occurred on the Freemantle Highway vessel off the Dutch coast in July of this year. In our latest JENOA Insights article we explore how such incidents will it impact the marine insurance industry, and what the implications are for the international automotive and passenger-ferry sectors as the world begins the long, slow transition to an electrified bridging technology. Read more here https://lnkd.in/dgSZWgrV #marineinsurance #insurance #reinsurance #jenoa #jameel75 #middleeast

Technological advancements and increased risk exposure present significant challenges for insurers in the Philippines when underwriting electric vehicles https://lnkd.in/d78uGa8a

#Cargo_Transportation_Insurance Market Share Expected Huge Growth during 2022–2030 https://shorturl.at/DOY18 #Cargo transportation #insurance is a type of policy that provides coverage to different loss compensation and relevant charges of insured #goods or property while it is in #shipment from one to another place on any mode of transport. The mode of #transportation comprised land, water, and air. It consists of compensation for loss caused owing to accidents and natural disasters. Marsh TIBA TRAVELERS INSURANCE COMPANY LIMITED Halk Sigorta INTEGRO GROUP Liberty General Insurance Chubb AGCS Aon Arthur J Gallagher Liberty Mutual Insurance AIG Marsh Swiss Re Zurich Insurance Atrium Samsung Fire & Marine Insurance Mitsui Sumitomo Insurance Group Munich Re Peoples Insurance Agency Sompo Japan Nipponko Insurance Thomas Miller Xl Group Public Limited Company Gard AS Tokio Marine HCC #cargo #insurance #transportation #shipment #cargoinsurance #logistics

#Cargo_Transportation_Insurance Market is estimated to grow at a high CAGR >> https://lnkd.in/gQGJitw8 #Cargo transportation #insurance is a type of #policy that provides #coverage to different #loss #compensation and relevant #charges of insured #goods or #property while it is in #shipment from one to another place on any mode of transport. The mode of #transportation comprised #land, #water, and #air. It #consists of compensation for loss caused owing to #accidents and #natural #disasters. Marsh, TIBA, Travelers, SAKARYA HALK SİGORTA, INTEGRO GROUP, Liberty Insurance Ireland, Chubb, AGCS, Aon, Gallagher, Liberty Mutual Insurance, AIG, Swiss Re, Zurich Insurance, Atrium, Samsung Fire & Marine Insurance, Mitsui Sumitomo Insurance Group, Munich Re, Peoples Insurance Agency, SOMPO JAPAN NIPPONKOA INSURANCE COMPANY OF EUROPE LIMITED, Thomas Miller, Xl Group Public Limited Company, Gard AS, Tokio Marine Group #cargotransportation #insuranceindustry #policy #shipment #cargoservices

Of interest to insurance professionals and anyone concerned about micromobility battery fires: AAIS (American Association of Insurance Services) Views has published an excellent article on a recent symposium hosted by New York City Fire Department “A Conversation with the Insurance Industry About Lithium-Ion Batteries.” (We were privileged to be among the presenters at that event.) Read the article to discover the three main themes that emerged from the symposium, as well as emerging best practices for mitigating the potential for future losses and crises. #micromobility #ebikes #lithiumionbatteryfires #batteryfires #batterysafety #insurance #fireinsurance #cellblock https://lnkd.in/ePEytJZ8

🚨 Exciting Developments in the Insurance Industry! 🚨 In this world of insurance, innovation continues to drive progress. Here are three significant updates that highlight the latest trends and advancements: 1. Walnut raises $4.6M to revolutionize embedded insurance distribution: Walnut is making waves by transforming how embedded insurance is distributed. With this recent funding, they're set to redefine the customer experience, making insurance more accessible and integrated into everyday transactions. [Read more](https://lnkd.in/eKJZUmqC) 2. Chaiz secures $3.7M to expand vehicle protection services: Chaiz is on a mission to enhance vehicle protection services, and this new funding will help them broaden their reach. As vehicle protection becomes more crucial, Chaiz is positioning itself as a key player in the market. [Read more](https://lnkd.in/ebqyzpbB) 3. Howden Re partners with Temblor to enhance earthquake risk modeling in Turkey: In a groundbreaking partnership, Howden Re and Temblor are collaborating to improve earthquake risk modeling in Turkey. This partnership underscores the importance of accurate risk assessment in mitigating the impacts of natural disasters. [Read more](https://lnkd.in/ekyjFpvq) #InsuranceIndustry #InsurTech #Innovation #EmbeddedInsurance #VehicleProtection #RiskModeling

The UK MGA sector is thriving, with over 300 businesses underwriting more than 10% of the country's £47 billion general insurance premiums. 🇬🇧 MGAs are continuously innovating to fill market gaps and enhance their offerings. Through our extensive research on the UK market, we identified the MGAs that stand out the most for their innovation and technological adoption. 🌟 In our latest blog, we discuss the Top 10 Most Innovative MGAs in UK. 💡 Altelium, Flock, Hokodo, Intangic, Moonrock Drone Insurance, Renovation Underwriting, Superscript, Tapoly - Insurance On Tap, Zego, Accelerate Underwriting. To have a better overview of the UK insurance market, dive into the full post here: https://hubs.li/Q02Ccmcg0 #InsuranceInnovation #MGA #DigitalInsurance