Tokio Marine Closes $3.1B Acquisition of PURE Group

Tokio Marine Holdings announced that it has completed the acquisition of Privilege Underwriters Inc. and its subsidiaries, known as PURE Group, which specializes in the U.S. high-net-worth insurance ...

Chubb’s Q4 Soars With Strong P/C Premium Gains

Chubb has plenty to celebrate about its 2019 fourth quarter. The property/casualty insurer enjoyed a large jump in net income due mostly to rate hikes and P/C underwriting gains. Chubb's catastrophe ...

A Passion for Insurance: Growing Up in the Business

Alex Timm's path to the C-Suite of an InsurTech carrier probably isn't typical. Unlike other InsurTechs headed by technology experts or marketing officers from outside the insurance industry, Timm is ...

Did You Know? Auto and Renters Risks Correlated

To Alex Timm, CEO of Root Insurance Company, the auto insurance carrier's recent move into the renters insurance market seemed like a natural extension for its customer base given that 70 percent of ...