Underwriting
D&O Coverage Challenges Are Increasing: A.M. Best
Directors and officers liability insurance has gotten trickier and will confront major new challenges over the next few years. Continued rate hikes and narrower coverage guidelines will be necessary ...
How Insurance Executives Can Harness the Power of Behavioral Economics
Property/casualty insurers, whether they know it or not, are well-schooled in behavioral economics. We used to intuitively understand business success was about customer relationships and driving a ...
Unqork, a No-Code InsurTech Software Startup, Raises Major Financing Round
Unqork has raised $51 million in new financing, money it plans to use to fuel additional growth and expansion for its no-code application platform that helps large businesses rapidly build complex ...
Broker Investor Group Chooses 12 InsurTechs for First Cohort Program
BrokerTech Ventures, an investor group and accelerator program led by nine insurance brokerages, has selected 12 InsurTechs for its first cohort that convenes March 2 in Des Moines, Iowa, for a ...
Credit Karma to Be Acquired by Intuit for $7.1B
Intuit, the maker of TurboTax, QuickBooks and Mint, has agreed to acquire Credit Karma, the consumer technology platform, for approximately $7.1 billion in cash and stock. The combination brings ...
How Insurers Can Evolve Into Astute Data Consumers
The Internet has enabled convenience and personalization at a level never possible before, forcing every industry to step up its game or be left in the dust by more tech-fluent startups. It has also ...
Updated: Tractable Raises $25M to Expand Reach of AI Accident Recovery Tech
Tractable, an InsurTech developing artificial intelligence for accident and disaster recovery, nailed down $25 million in new venture financing. The money infusion will be used to accelerate a push ...
Florida Carriers, Facing Market Turmoil, Pursue Massive Rate Increases
It's no surprise that Florida carriers are raising homeowners insurance rates given several years of catastrophes and losses from litigation related to assignment of benefits and water damage claims. ...