Personal Lines
SPACS, or Reverse Merger Companies, Raise Record $100B in 2021 So Far
Special purpose acquisition companies (SPACS) have raked in a record $100 billion through initial public offerings so far in 2021, data from Refinitiv showed, in what has been Wall Street's biggest ...
Executives On The Move at CNA, USAA and Markel
CNA appointed a new General Counsel. USAA hired on a new Chief Data and Analytics Officer. Markel Corporation promoted a rising executive to the position of Managing Director, Global Cyber ...
Pandemic Has Had ‘Profound Impact’ on Women in Insurance: Accenture
COVID-19 has had a "profound impact on the productivity and well-being" of women working at U.S. insurance companies, according to new research from Accenture. In March, as part of its "Women in FS" ...
Arity Telematics Tool Pitched as Helping Insurers Better Leverage Driving Behavior
Arity, an Allstate-founded mobility data and analytics startup, has launched a telematics tool designed to help insurers more efficiently leverage driving behavior for better pricing. The product – ...
Boost Raises $20M for Deeper Dive Into ‘Embedded Fintech Revolution’
Boost Insurance attracted $20 million in new financing from multiple investors it will use to dive deeper into what CEO Alex Maffeo refers to as the "embedded fintech revolution." The New York-based ...
Irish Patient Data Was Apparently Posted on Dark Web After Cyber Attack
Reports of Irish patient data posted online after a cyber attack on Ireland's health service appear to be accurate, a government minister said, as the fallout from the hack continues. A Financial ...
Aviva Will Shut Down Three UK Property Funds Hammered by Pandemic Market Uncertainty
Insurer Aviva said it will close three UK property funds in July that have been suspended since March last year due to market uncertainty as the pandemic hit Britain's economy. "During this period of ...
InsurTech Kin Reportedly Talking With ‘Shark Tank’ Judge About SPAC Merger
Home-coverage startup Kin Insurance is in talks to go public via Omnichannel Acquisition Corp., a special purpose acquisition company led by recurring "Shark Tank" guest judge Matt Higgins, according ...