Strategy
Boost’s Maffeo Hacks Through Insurance Industry Glaciers With InsurTech MGA
Alex Maffeo, founder and chief executive officer of InsurTech startup Boost Insurance, didn't dream of working in insurance when he was a kid. He wanted to play shortstop for the Yankees or be the ...
Shift Technology Raises $60M to Expand Reach of AI Claims Tech
Shift Technology has raised $60 million in new venture financing, money that will help grow the reach of its artificial intelligence and big data technology designed to help carriers manage risk ...
The Latest Launches From Allstate and Travelers
Allstate disclosed that its coverage for Uber drivers is now offered in 11 additional states. Travelers' Canadian arm is launching new services for specialty insurance corporate customers that come ...
Lyft and Uber Build Their Own Captive Insurers In Hawaii
Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in ...
The Latest Launches From Chubb/Aon and AGCS
Chubb and a catastrophe modeling firm will partner to develop a new terrorism risk model for Manhattan in New York City and other dense urban environments. Allianz Global Corporate & Specialty ...
Berkshire Hathaway Confirms Sale of Workers Comp Unit; ‘Channel Conflict’ to Blame
In a rare move, Berkshire Hathaway is selling one of its companies, leading workers' compensation specialist Applied Underwriters, in order to avoid conflict with its other workers' compensation ...
Liberty Mutual, Allianz, Generali Reportedly Seeking to Invest in BBVA Insurance Arm
European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters. The ...
Great Leaders Dive Right Into Turbulence, With a Plan and Clear Goals
Great leaders never run from turbulence. Instead, they dive right into it, with a goal of improving the situation. That's the conclusion forwarded in a recent Leadership Freak blog posting by ...