Growth Initiatives
Startups vs. Incumbents Revisited: Q32018
We first pointed out in a second quarter analysis of VC-backed startups Root, Lemonade and Metromile that companies run or led by well-known underwriters were growing slowly but far more profitable ...
‘Root’ of the Problem: Why One InsurTech’s Loss Ratios Still Disappoint
In the first part of this four-part article, we revealed that Root—currently the fastest growing carrier of three VC-backed InsurTechs we've been tracking—also posted the worst loss ratio result ...
Generali Commits More than $4B for Acquisitions, Growth Options
Generali has earmarked up to four billion euros ($4.5B) or acquisitions and growth as it looks to asset management and high-margin business in Latin America and Asia to fuel earnings. Italy's top ...
InsurTech Partnerships: What Insurers Want and Get
Remember the 1989 movie "When Harry Met Sally"? During lunch with Harry at a deli, Sally very publicly fakes a wild orgasm. A nearby patron, when asked what she'd like to order, signals in Sally's ...
QBE Creates Three Global Units in Structural Revamp; Exec Teams Named
QBE announced changes to its structure, designed to further simplify its operations and build a more streamlined, agile and customer-oriented business. Following the underwriting remediation in Asia, ...
The Latest Launches From OneBeacon and Pie Insurance
OneBeacon's International Marine Underwriters has expanded its cyber insurance options with a key addition to its coverage. Pie Insurance, a workers compensation insurance startup, has entered the ...
The Latest Launches From Nationwide, Starr Insurance and Hippo
Nationwide will debut an online insurance platform targeted toward businesses with fewer than five employees. Starr Insurance Companies said it is launching a construction-related insurance policy ...
Lloyd’s Still Set for a Radical, High-Tech Makeover, Promises Outgoing CEO Beale
Lloyd's of London's historic base on Lime Street is heading for a radical makeover, with more focus on shared, collaborative spaces along the lines of a WeWork Cos. office, according to its outgoing ...