Strategy
Assurant Invests in Mojio, a Startup Focused on Building Connected Car Services
Assurant, a niche market specialty insurer, has invested in a technology startup focused on connected car services. The New York-based company declined to disclose the level of investment in Mojio, a ...
Insurers Globally Are Upbeat About Taking on More Investment Risks
Despite challenging market conditions, insurers are in a relatively upbeat mood and ready to increase their risk exposure, according to a study from investment adviser BlackRock. Almost half (47 ...
BHSI Opens Second Office in Germany
Berkshire Hathaway Specialty Insurance is expanding operations in Germany. The insurer said that it has opened a new office in Munich, adding to existing operations in Dusseldorf. Both offices will ...
Bermuda’s Fidelis Insurance Reorganizes Underwriting Biz Into 4 Divisions
Fidelis Insurance Holdings Ltd. is restructuring its business into four divisions: Bespoke, Reinsurance, Partnerships and Specialty. Richard Brindle, chairman and group CEO, will take on the ...
VW Reportedly Talking With Rivals About Common Self-Driving Car Standards
Germany's Volkswagen is in talks with other carmakers to set common standards for self-driving vehicle technology, Automotive News reported on Friday. The Volkswagen Group is discussing the ...
The Hanover CEO Roche: Chaucer Sale Could Help Fuel Investment in Talent, Divisions, Select Acquisitions
The Hanover Insurance Group could use some of the $950 million it will make from selling its Chaucer international specialty business to fuel organic growth, pursue select acquisitions and hire top ...
The Latest Launches From AIG/Validus and At-Bay
AIG's Validus Specialty launched a new division focused on crisis management. At-Bay said it launched its 2019 cyber insurance policy form throughout the United States.
Liberty Mutual Rebrands Canadian Operations in Wake of 2017 Ironshore Acquisition
Liberty Mutual Insurance's $3 billion acquisition of Ironshore in 2017 has led to a rebranding of its Canadian operations. The insurer disclosed on Sept. 13 that Liberty International Underwriters ...