Personal Lines
The Latest Launches From Slice Labs and AXA XL
Slice Labs is linking with a Nationwide MGA to develop and distribute digital, on-demand insurance. AXA XL's North America Construction insurance business launched a new digital platform. *** Slice ...
Hover CEO Altman Eyes Growth, Future as a Standalone 3D Software Company
Often an InsurTech attracts venture investment from at least one insurer, sometimes two. For Hover's recent $60 million Series D round, there were three. Capital contributions came from the insurers ...
Fintechs Will Increasingly Squeeze Insurer Market Share: EU Official
Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the industry, a senior European Union official said on Wednesday. More fintech ...
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 ...
Ping An Insurance Reports First Quarterly Profit Rise in 12 Months
Ping An Insurance Group Co of China Ltd on Tuesday reported a 7.74% rise in net profit, its first quarterly profit increase in a year, as the country's largest insurer by market value attracted more ...