Strategy
Aspen Founder, CEO O’Kane to Depart in 2019; Brit Chairman Cloutier to Replace Him
Aspen Insurance Holdings Group Chief Executive Officer Chris O'Kane plans to step down in the 2019 first half, after investment manager Apollo Global Management LLC closes its $2.6 billion deal to ...
Credit Karma Jumps Into Insurance With Debut of Auto Policy Service
Financial technology startup Credit Karma said on Tuesday it is expanding into insurance through a new service that makes it easier for users to find cheaper auto insurance policies. The tool ...
Are You Tapping the Positive Innovation Energy in Your Company?
The insurance industry is facing seismic and unprecedented shifts on multiple dimensions. From increasing client expectations to new emerging risks, from the emergence of robo-underwriters to the ...
AmTrust Shareholder Wants Regulator Rejection of $2.95B Privatization Plan or Higher Price
One of AmTrust Financial Services' shareholders is lobbying state regulators to oppose the insurer's move to go private. "Make no mistake, privatization is bad for investors, bad for brokers, bad for ...
Greenlight Re Invests in Hong Kong-Based Blockchain Business
A division of Greenlight Capital Re has invested in a blockchain-related business based in Hong-Kong. The Cayman Islands-headquartered property/casualty specialist reinsurer said it pursued a ...
Global Insurance Accelerator Begins Search for New Director; Hemesath to Take New Role
The Global Insurance Accelerator (GIA) has begun a search for a new managing director. Brian Hemesath, the current managing director who has taken GIA from concept to a leadership role in InsurTech, ...
How to Stay Ahead of Emerging Risks: Q&A With Kelly Lyles
Kelly Lyles is Chief Executive Client and Country Management at XL Catlin (now AXA XL), with responsibility for managing XL Catlin's insurance presence around the world. Her role includes leading ...
Slice Labs, Marketing On-Demand Insurance Platform, Raises Another $20M From Multiple Carriers
Slice Labs disclosed it has pulled in another $20 million in venture financing, with plans to use the money to accelerate globalization of its platform that enables on-demand insurance. The ...