Growth Initiatives
Innovators Putting Italy on the InsurTech Carrier Map
A former carrier executive, a strategy consultant in the InsurTech space and a banking expert are teaming up to launch the first InsurTech carrier of the Italian market. Andrea Battista, the former ...
Executives On The Move at Chubb, Sompo International and Tokio Marine HCC
Chubb made two executive appointments in its North America Insurance Operations. Sompo International, a Bermuda-based property/casualty specialty insurer and reinsurer, appointed two insurance ...
The Latest Launches From XL Catlin, W.R. Berkley Corp. and Allied World
XL Catlin beefed up its online underwriting platform for design professional brokers with new bells and whistles. A W.R. Berkley Corp. unit has developed a new travel insurance policy and expanded ...
Hanover Insurance Considers ‘Possible Sale’ of London Specialty Unit Chaucer
The Hanover Insurance Group is weighing the sale of its international specialty insurance business, London-based Chaucer. The Worcester, Mass.-based company issued a statement confirming that it "is ...
The Latest Launches From XL Catlin, Validus and Tokio Marine Kiln
XL Catlin and RedSeal have a new resilience measure designed to gauge risk and improve cybersecurity and insurance terms. Validus Specialty Underwriting Services Inc. and a new partner are offering ...
Root Raises $51M to Fuel Further Growth of Telematics-Based Auto Insurance Biz
Root, an auto insurance startup centered around telematics, closed a $51 million venture financing designed to fuel expansion into more states and enable further investment in its core technology. ...
Now Available in 42 States: ISO’s Cyber Insurance Program
ISO's cyber insurance program is now available to insurers in 42 states and U.S. territories. The ISO program features advisory loss costs using 17 different rating variables, which the Verisk ...
Lemonade Expands Again, Into D.C. and Pennsylvania
Lemonade, an insurance startup that relies on artificial intelligence and behavioral economics, has launched in both Pennsylvania and Washington D.C. It announced the expansion on social media. These ...