Blog tagged as Technology
MALVERN, Pa--(BUSINESS WIRE)--Jan 28, 2026--
The Institutes RiskStream Collaborative ® proudly announces the 2025 recipients of its Collaborator Award, which recognizes organizations that have demonstrated leadership and commitment in advancing the surety bond process through their contributions to S...
01/29/2026 11:30 AM
In separate reports last week, AM Best and Morgan Stanley analyzed P/C insurance industry expense ratios, with one reporting a 2.4-point drop over the past decade and the other projecting another potential 2.0-point decline by 2030.
While both reports highlight the impact of AI and automation in driv...
01/12/2026 12:33 PM
Chubb plans to trim its workforce by as much as 20% over the next three to four years as part of a groupwide digital transformation aimed at automating key insurance functions.
The initiative, outlined in an investor presentation, will roll through roughly 70% of the organization in the next three ye...
12/12/2025 03:59 PM
EARLY IN HIS surety career, when 2025-2026 NASBP President Robert Coon worked as an underwriter, he sometimes had to spend long hours taking information from contractors’ Work-in-Progress (WIP) reports and keying them into a format that could be used by the surety’s software programs. "We had a...
10/10/2025 02:38 PM
MALVERN, Pa., May 09, 2024--(BUSINESS WIRE)--The SuretyDIGIT Coalition announced their launch today. The goal of the coalition is to bring stakeholders together to modernize and digitize surety bond operations. Due to the innate multi-party nature of the surety b...
05/10/2024 08:22 PM