Leadership & Strategy
VC Funding Could Dry Up, InsurTech Exec Says
The days of VC funds and strategic investors throwing money at InsurTechs may be numbered, an InsurTech executive warned fellow startup leaders late last year during a presentation at an InsurTech ...
Liberty Mutual Takes on Uber Coverage in Three Regions
Liberty Mutual Insurance will provide coverage for Uber drivers and passengers throughout New England, South Carolina and Puerto Rico as part of the company's 2020 auto insurance programs, which ...
China’s Anbang Insurance Seeks $3.9B From Sale of Stake in Rural Banks
Anbang Insurance Group Co., the once-acquisitive Chinese conglomerate that's under state control, is looking to offload stakes in a number of rural commercial banks as it continues to unwind its ...
MGA Clearcover Pulls in $50M Financing, With Designs on Becoming Full-Stack Carrier
Clearcover, a managing general agent whose artificial intelligence-driven platform focuses on auto insurance, has raised $50 million in new financing. The money is designed to accelerate further ...
Argo Achieves Détente With Activist Shareholder; Board Member Added, Two to Come
Argo Group International Holdings has achieved détente with an activist shareholder that complained about the company's board and executive compensation practices during much of 2019. The ...
The Hartford To Stop Insuring Coal Mining, Oil Extraction Operations
The Hartford, an insurer that has been previously recognized for its commitment to environmental stewardship, announced that it will take further steps in the effort by refusing to insure—or invest ...
Carrier Challenge: Adopting AI Quickly Enough
The adoption of artificial intelligence is having a profound impact on many industries, including insurance. As it becomes more common, AI will also allow insurers to introduce new products, ...
The Latest Launches From The Hartford and Zurich
The Hartford said it has expanded its offerings designed to protect customers from cyber attack risks. Zurich and InsurTech managing general underwriter Vindati have launched a new stand-alone Motor ...