Kittyhawk Secures Funding From Travelers Kittyhawk, an enterprise drone operations software firm, announced a strategic investment from The Travelers Companies, Inc. The investment will help the company bring unified drone operations to new markets. Kittyhawk has supported the growth of …
Ingersoll Named VP of Corporate Innovation at CSAA John Ingersoll has been named VP of Corporate Innovation at CSAA Insurance Group. Ingersoll is among the inaugural Velocity Program at the company, a “growth engine” that brings employees from various business …
The Travelers Companies, Inc. released its Top Ways Things Can Go Wrong interactive report, which identifies the most common and costliest causes of home damage. The report examines the company’s national homeowners insurance claim data from 2009 to 2016. It …
Wildfires, hurricanes, tornadoes, hail storms, Nor’easters and mudslides. A string of disasters has pummeled the biggest U.S. insurers over the past year, and the second quarter was no exception. Allstate Corp. estimated its pretax catastrophe losses at $906 million for …
Insurers’ use of drones to inspect property claims came into full swing in 2017, after the FAA began issuing permission allowing commercial firms to operate unmanned aerial vehicles in designated U.S. airspace. Nearly a year later, while some insurers remain …
Drivers are being warned about the increased risk for distracted driving this summer. Travelers and its public policy division, the Travelers Institute, along with TrueMotion, a smartphone telematics platform, recently analyzed the behavior of more than 20,000 drivers from January …
Travelers Delegation Building Baseball Field in Puerto Rico Travelers chief executive Alan Schnitzer is leading a delegation of 35 volunteers who are in Puerto Rico to build a baseball field. The insurance company says the group is fixing up a …
Brit Expands U.S. Claims Function With Senior Hire Brit Ltd. named Christopher Ballantyne to the newly created role of vice president of Delegated Claim Authority. He will report to Mike Barry, head of Short Tail Claims. Ballantyne will be responsible …
18 Insurers Join Collaborative Blockchain Consortium: The Institutes RiskBlock Alliance The Institutes RiskBlock Alliance, the risk management and insurance industry’s first enterprise-level blockchain consortium in the U.S. RiskBlock today announced that 18 top risk management and insurance companies have joined …
Marsh & McLennan Companies Names Mills Vice President and Controller Marsh & McLennan Companies, Inc., a global professional services firm offering clients advice and solutions in risk, strategy and people, announced the appointment of Stacy Mills as vice president and …