Underwriting
Chubb, Arch, MassMutual Partner With Newly-Launched Digital Agency Waffle
The InsurTech Waffle has raised $5 million in seed funding, with plans to offer cyber, renters, pet, travel and life insurance in the initial launch of its new virtual agency platform. Auto and home ...
AXA’s Asia Units, New Zealand Health Provider Struck by Ransomware Attacks
The Thai affiliate of Paris-based insurance company AXA said Tuesday it is investigating a ransomware attack by Russian-speaking cybercriminals that has affected operations in Thailand, Malaysia, ...
Recently we explored how specialty insurance markets emerge and the signals that help MGAs distinguish a lasting opportunity from temporary...
Metromile, Hippo Partner on Home/Auto Bundled Insurance Cover
Metromile and Hippo Insurance are partnering to offer consumers home and auto insurance protection by way of a new bundled discount. Hippo, based in Palo Alto, is an MGA focused on digital homeowners ...
An Alternative View: Crediting Credit Scores
While InsurTechs like Loop and Buckle are trying to reshape the future of insurance without using credit scores to underwrite or price policies, the rest of the industry has yet to embrace the ...
Private Firefighters Highlight Inequities in California Wildfire Battles
Last October, firefighter Ryan Bellanca and his crew battled to keep the raging Glass Fire from devastating an upmarket Napa Valley vineyard. But Bellanca wasn't working for any fire department. He ...
Car Insurance Comparison Site Jerry Raises $28M
Jerry- a car insurance comparison site centered around AI and machine learning – has raised $28 million in new financing. The Palo Alto, Calif.-based startup, which operates as a licensed insurance ...
Around 30 Percent of Eurozone Corporate Loans Exposed to Climate Hazards
Eurozone banks face potential climate hazards such as floods and droughts on up to a third of their loans to companies, with lenders in Greece, Portugal and Spain among the most exposed, the European ...
Does Cyber Insurance Protect Against Hackers or Attract Them?
The ransomware attack on Colonial Pipeline Co. that caused gasoline shortages along the U.S. East Coast also sparked a debate about whether cyber insurance helps protect against marauders — or ...