Strategy
Swiss Re, Citing Weak Demand, Suspends IPO of ReAssure Unit
Swiss Re AG said it suspended the initial public offering of ReAssure Group Plc, as a plan that would have put a value of as much as $4.1 billion on the U.K. unit fizzled due to weak investor demand. ...
Hippo Partners With American Family AI Spinout Arturo to Boost Digital Underwriting Processes
Hippo Insurance hopes to boost its digital underwriting and customer service processes through a new partnership with Arturo, a deep-learning property analytics company spun out from American Family ...
Kemper Signs Marketing Agreement With Hagerty for Classic Collectors Vehicle Biz
Kemper Corp. said it will move its Classic Collectors auto business to Hagerty, a Michigan agency specializing in the coverage. The change is happening by way of a marketing agreement, where ...
Expertise and Investment: What Munich Re Digital Partners Brings to InsurTech Partnerships
Three years may not be a long time, but the head of Munich Re Digitial Partners in North America says his operation has made the most of it. David Brune became CEO of Digital Partners' North American ...
Expect Fewer, Bigger and More Tech-Savvy P/C Insurance Agencies in the Future
There will be fewer insurance agencies operating in the property/casualty insurance industry in the future and those that remain will be larger and more tech-savvy, says an insurance-focused ...
Pushing and Pulling Lloyd’s Into the 21st Century
Twenty-five years ago, the Lloyd's of London marketplace was teetering on the brink of insolvency, reeling from billions of dollars of asbestos and pollution liabilities. Many of the best brains in ...
Getsafe CEO Predicts Lemonade Will ‘Struggle’ in Germany
Lemonade has promise but won't necessarily face smooth sailing with an expansion into Germany, predicts the head of Getsafe, one of its European rivals. "Lemonade will have to struggle in Germany," ...
UPDATED: Nationwide to Adopt Bold Penguin’s Digital Portal Tech For Commercial Lines P/C Agents
Nationwide is partnering with Bold Penguin, a digital portal startup for commercial lines property/casualty agents, in an effort to speed up the underwriting process for its products. The insurer ...