Growth Initiatives
Executives On The Move at GEICO, MAPFRE USA and Church Mutual
GEICO named its new vice president of marketing, having promoted from within. MAPFRE USA hired two executives to join its senior leadership team. Church Mutual Insurance Company made a number of ...
Between an Ant and a Grasshopper, Lemonade’s Results ‘Most Improved’
The three U.S. venture-backed InsurTech carriers we have been tracking for several quarters have more money, more premium and more losses as we head into the last quarter of the year. During the ...
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 ...