Content from Andrew Simpson
Digital Startup Neptune Flood Raises $2M to Fuel Private Flood Insurance Market Expansion
Neptune Flood, a digital startup private flood insurance provider, has secured $2 million in seed round funding and has plans to "aggressively expand" nationwide by offering its platform to carriers, ...
Purviance Succeeding DeCarlo as AmWINS CEO; DeCarlo Becoming Executive Chair
Charlotte-based global wholesale broker AmWINS Group announced that Scott M. Purviance will succeed M. Steven DeCarlo as the company's chief executive officer, effective May 1, 2018. DeCarlo, who has ...
E&S Deal: CapSpecialty Buys Renewal Rights to Rockhill Environmental Biz from State Auto
Capitol Indemnity Corp., a wholly-owned subsidiary of CapSpecialty Inc., said it has acquired the renewal rights to Rockhill Insurance Group's excess and surplus environmental insurance book of ...
FEMA Expands Private Sector Flood Reinsurance Program for 2018
The Federal Emergency Management Agency (FEMA) has completed a reinsurance placement with 28 private reinsurers to help the National Flood Insurance Program (NFIP) recover losses it may have to pay ...
For the First Time in Years, A.M. Best Boosts Its Commercial Lines Insurance Outlook
Analysts at A.M. Best have been sufficiently impressed by commercial lines insurers' pricing, underwriting and resilience in recent years to boost their outlook on this segment of the U.S. ...
Digital Insurer Lemonade: License Not Needed by Those Who Adopt Its API Sales Platform
Digital insurer Lemonade says companies that integrate its insurance sales platform, or API, into their own apps and web sites "generally speaking do not have to be licensed as insurance agents or ...
Does the Digital Insurer Spell the End of Agents and Brokers?
Does the digital insurer spell the end of agents and brokers? Not at all, according to some speakers at the InsureTech Connect Conference in October. While the roles of agents and brokers in personal ...
Netflix vs. HBO and the Race to the Insurance Customer
"The goal is to become HBO faster than HBO can become us," the chief content officer of Netflix said four years ago. In the insurance world, InsureTech Connect Conference Founder Caribou Honig thinks ...