Personal Lines
Metromile Attracts $50M Investment From Uber Vet as Reverse Merger Plans Finalize
Metromile has attracted $50 million in new investment from a former Uber executive even as it has obtained regulatory approval to formalize a reverse merger deal that will make it a publicly-traded ...
The Latest Launches From Trov and National General
Insurance technology company Trov is partnering with a sustainable digital car rental platform. Allstate-owned National General Holdings Corp. expanded its private flood insurance product into a ...
Executives On The Move at AXIS Re and Coalition
AXIS Re appointed a new head of AXIS Re's Reinsurance Products division. Coalition has appointed five new production underwriters to help grow and serve the company's middle market relationships.
Rent Security Deposit Insurance Startup Raises $95M
New York City-based InsurTech Rhino recently pulled in $95 million in new financing, money that will propel growth of its security deposit insurance business. Investment firm Tiger Global Management ...
The Latest Launches From The Hartford, Roost and Buckle
The Hartford is working with Tractable on a claims process project involving artificial intelligence. Roost, a developer of home telematics for property insurance carriers, added a new service to its ...
Farmers Insurance, Munich Re Make Home Technology Startup Investments
Farmers Insurance has become an equity investor in a fintech company focused on helping make a home rental easier and more affordable. Munich Re invested in a smart home startup whose electrical ...
American Financial Group Nets $3.5B Cash In Annuity Biz Sale to MassMutual
American Financial Group announced that it is selling its annuity business to Massachusetts Mutual Life Insurance Company in a $3.5 billion cash deal that primes the seller for growth in its ...
Allstate Announces $2.8B Sale of Life Insurance Company
The Allstate Corporation announced on Tuesday that it has agreed to sell Allstate Life Insurance Company (ALIC) to entities managed by investment firm Blackstone for $2.8 billion. Explaining the move ...
Consumers Willing to Share Personal Data With Insurers Despite Data Security Concerns
If it means reduced premiums, consumers are willing to share their personal information with insurers but they question whether insurers can protect their data. The number of consumers willing to ...