Markets
Empathy: What Pie Insurance Co-Founder Craig Cares About
This year has posed an unthinkable number of challenges, and it has me considering whether or not empathy can exist in insurance. How can we create a world where buying and using insurance isn't a ...
Hippo Attracts $350M Investment From Mitsui Sumitomo; Reinsurance Treaty Also Planned
Hippo Enterprises, an MGA InsurTech focused on homeowners insurance, secured a $350 million capital investment designed to help fuel further growth. A related reinsurance agreement is also part of ...
U.S. Thanksgiving Flyers Create Surge in Catch-All Travel Insurance
U.S. websites have seen a surge in travelers seeking expensive ironclad insurance this Thanksgiving, as Americans desperate to break the monotony of a year spent at home look to cover themselves ...
Metromile to Become Public Company and Expand Nationally
Metromile Inc., an InsurTech focused on pay-per-mile auto insurance, has hit the public markets in a reverse merger deal with Insu Acquisition Corp. II (Insu II), a special purpose acquisition ...
Howden Buys Safeonline, a Cyber and Tech Specialist Broker
Howden, the international insurance broker, announced it has reached an agreement to acquire Safeonline, a London-based cyber and tech specialist broker and Lloyd's coverholder. Financial details of ...
Google Will Deal With Second Antitrust Lawsuit, Courtesy of 7 States
A bipartisan group of U.S. states plans to file an antitrust lawsuit against Google as early as next month, according to two people briefed on the matter, potentially beating a more widely ...
Cautious Optimism About a Final Brexit/EU Arrangement
British finance minister Rishi Sunak has said there is genuine progress in Brexit talks with the European Union, but that it would be better to walk away from a bad trade deal than tie Britain's ...
New Insurance Group Inigo Raises $800M of Capital; Ex-Hiscox Execs Behind Launch
Inigo Ltd., a new London-based insurance group, announced it has completed a capital raise of approximately $800 million from a consortium of global investors. Former Hiscox executives are beyind the ...