Strategy
Liberty Mutual Is Pursuing Strategic Review of Pembroke Managing Agency
Liberty Mutual Insurance announced it is undertaking a strategic review of its London-based Pembroke Managing Agency Ltd., acquired through the lronshore purchase in May of 2017. The company has ...
Fight or Settle? Analytics Promises to Disrupt Claims Litigation Handling for Carriers
Labor-intensive and time-consuming, that's how research connected to litigated claims files is often described. Time is a commodity, and if a case requires researching applicable laws, venues, judges ...
After Applied, Google ‘Definitely’ Looking for Other InsurTech Investments
Google is eager to invest in other insurance technology companies well beyond its newly announced minority stake in Applied Systems, a principal investor with the global search engine giant said on ...
Public Companies Lacking Strengthened Cybersecurity Might Be Violating Federal Law
Public companies that fail to tighten their cyber security controls could be violating federal law, the U.S. Securities and Exchange Commission (SEC) said on Tuesday. The regulator's warning came in ...
Cincinnati Financial Will Pay $134M for London Specialty Underwriter Owned by Munich Re
Cincinnati Financial Corp. has agreed to acquire MSP Underwriting Limited, a London-based global specialty underwriter and Munich Re subsidiary, in a bid to diversify its earnings and expand its ...
Act 2 of the InsurTech Revolution Is on Its Way
The digital revolution in insurance is about to begin its second act. Having in its first phase used science and technology to inspire a rethinking of insurance that is making insurance easier and ...
Runoff Firm Catalina Raises $700M; RenRe, Apollo Become Shareholders
Catalina Holdings (Bermuda) Ltd., a legacy runoff property and casualty re/insurance specialist, announced it has raised $700 million in equity capital and concluded its shareholder restructuring ...
Ascot Group Establishes U.S. Division; Wolyniec Named to Lead It
Ascot Group has established a U.S. division and has promoted an executive from within to lead it. The Bermuda-based specialty insurer and reinsurer appointed Greg Wolyniec as president and CEO of ...