DUAL CEO sheds light on major deal

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The deal will expand DUAL’s US market share from around US$450 million to over $1 billion, making the US market home to roughly half of DUAL’s aggregate business written internationally.

Richard Clapham (pictured), CEO of DUAL Group, described the acquisition of Align as “classic” in terms of how the Howden Group likes to operate. He said: “It’s all about finding the right partners […] where both parties really want to be together. And I think Kieran Sweeney [CEO of Align] and I are both very happy to see the two organisations come together. That was really driven out of the

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Insurtech Carrot to work on driver safety with Korea Expressway Corp.

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Carrot General Insurance and Korea Expressway Corporation (KEC) have agreed to co-develop a driver coaching platform in a bid to foster a safer driving culture and help lower South Korea’s road accident rates.

KEC is a state-owned company that administers the country’s freeway system and traffic management, including the safety measure controls. Carrot will contribute its expertise in driver data analytics, data translation, and machine learning technology to help KEC design the platform.

Known as SMART Safe Drive Assist, the score-based driver guidance platform will use a telematics device and provide driving scores, coaching, guidance, and danger alerts through a

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Lemonade slapped with lawsuit over alleged mishandling of customers’ biometric data

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AI Jim asked Pruden several questions regarding the circumstances of the lost jewellery, including when the incident occurred and the cause of the loss, the lawsuit continued. Pruden was also asked to sign a pledge to confirm that the information provided is “100% true and accurate.” After signing the pledge, AI Jim then asked Pruden to record a short video of himself describing what had happened.

Pruden recorded a 47-second video wherein he described the circumstances of his claim to meet AI Jim’s requirement, but the chatbot did not immediately approve the claim, the lawsuit stated. Instead, AI Jim sent

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Insurance Business Asia reveals Elite Women 2021

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Here at Insurance Business Asia, there are no days on our calendar that make us prouder than this one – the day we get to reveal our first-ever Elite Women list.

In this special report, which you can read for free by clicking here, Insurance Business Asia celebrates 21 women from across the region who are going above and beyond for their clients, colleagues, organizations, and the insurance industry as a whole.

Starting in May 2021, Insurance Business Asia invited insurance professionals from across the region to nominate their most exceptional female leaders for the inaugural Elite Women list.

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