Personal Lines
Anti-Fraud Tech Company FRISS Raises $65 Million to Fund Expansion
FRISS, a provider of AI-focused fraud prevention and detection products for P/C insurers, raised $65 million to help it carve out new product lines and market reach. The company said it serves ...
China Regulator Will Guide Insurers to Boost Natural Disaster Offerings
China's banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural disaster insurance and enrich product offerings. It also plans to raise public ...
Insured Losses From Germany’s Flooding Could Reach $6B: AIR Worldwide
AIR Worldwide, the Boston-based catastrophe modeling firm, estimates insured losses in Germany from July flooding could approach €5 billion ($6 billion). Low pressure system "Bernd" parked itself ...
Chubb Celebrates ‘Robust’ Q2 Financial Results; Commercial Lines Premium Gains Soar
Chubb released extremely positive Q2 results on July 27, driven in particular by strong gains in its commercial property/casualty business and related rate hikes in the sector. The company used words ...
Agentero Raises $13.5M to Expand Its Digital Insurance Network for Agents
Agentero raised $13.5 million in new financing designed to boost and help expand its digital insurance network for agents. The California-based InsurTech, launched in 2017, is designed to help ...
Scientists Must Update Extreme Weather Climate Models After Missing the Mark
As scientists gather online to finalize a long-awaited update on global climate research, recent extreme weather events across the globe highlight the need for more research on how it will play out, ...
Executives On The Move At W.R. Berkley and BHSI
W.R. Berkley Corp. gave the head of its Berkley Re Asia operations some added new responsibilities as part of a reorganization. Berkshire Hathaway Specialty Insurance appointed a former Chubb ...
Kin CEO Harper Views SPAC Deal as ‘Time-Efficient’ Expansion Tool
Kin Insurance co-founder and CEO Sean Harper is aiming for the big leagues for his company, an InsurTech home insurance startup focused initially on catastrophe-prone regions. He envisions Kin, which ...