Leadership & Strategy
Insurance Distribution Platform Cover Genius Plans Expansion With $10M Financing
Cover Genius, an InsurTech centered around an insurance distribution platform, has raised $10 million in new financing designed to fuel hiring and further global growth. King River Capital, a Sydney ...
James River Dropped Uber Due to Coverage Risks, Particularly in Florida
A Bermuda-based insurer that recently severed ties with an Uber Technologies Inc affiliate said on Thursday the risk of providing driver ride-hailing coverage had become too great and that it had ...
Lemonade, Root and Metromile: Can David Challenge Goliath With No Sling?
Continuing a series in which we evaluate and discuss the financial performance and operating results of the InsurTech carrier trio of Lemonade, Root and Metromile, we find continued growth and ...
A Model for CEO Excellence
What separates an excellent CEO from the rest of the pack? In a new study on "The mindsets and practices of excellent CEOs," McKinsey & Company looked at the six main elements of the CEO's ...
Digital Auto Insurer Root Jumps Into Rental Insurance Market
Root Insurance, an InsurTech startup known for selling auto insurance, is expanding into the renters market. The Ohio-based InsurTech is launching a renters insurance product it bills as "affordable" ...
Investors Approve of Argo CEO Watson’s Departure; Q3 Results Are Mixed
The day after Argo Group International Holdings announced CEO Mark Watson III was retiring "immediately," investors seemed ecstatic, driving the company's stock price up 5.6 percent on Nov. 6. ...
Swiss Re Looking at Buying Stake in China Pacific Insurance
Swiss Re is looking at buying a stake in China Pacific Insurance Co. (CPIC) via a primary offering of the Chinese company's securities, the Swiss re-insurer said on Wednesday. Swiss Re declined to ...
Let’s Chat: Bot Invasion in P/C Insurance
The use of chatbots by property/casualty insurers is growing but still limited. While only about 13 percent of P/C carriers have currently deployed this emerging technology, over 25 percent have a ...