Specialty
The Latest Launches From Aon and LexisNexis
Aon said it has started offering coverage designed to protect income streams for companies with lots of intangible assets, such as firms in the gig economy. LexisNexis is releasing a new data score ...
InsurTech MGA Corvus Nails Down a $10M Series A Financing
Corvus Insurance has secured $10 million in new venture financing, money the InsurTech-focused managing general agent plans to use to jump into additional lines of commercial insurance. Two firms led ...
AXA Extends Climate Change Policy to Newly Acquired XL Division
AXA, France's biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global ...
Startup Understory Raises $7.5M; Produces Weather Data for Insurers, Others
Understory, a producer of weather and related analytics data for insurers and others, raised $7.5 million in new financing designed to help propel an international expansion. The Wisconsin-based ...
Executives On The Move at The Hartford, Arch Insurance, Guy Carpenter and American Financial
Arch Insurance made a number of new executive appointments. The Hartford appointed a former Liberty Mutual executive to lead its Small Business Innovation Lab. Guy Carpenter is getting a new ...
AXA XL Advances Alternative Capital Biz by Buying 100% of New Ocean
AXA XL's reinsurance operation has completed the acquisition of all third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management Ltd. New Ocean is ...
The Latest Launches From Willis Towers Watson and Travelers
Willis Towers Watson is debuting cover designed to address cyber exposures affecting airports around the globe. The Travelers Companies will pair with two other outfits to explore the potential ...
Liberty Mutual Establishes New U.S. Distribution Model
Liberty Mutual said it is establishing a new distribution model for its U.S. commercial and specialty insurance products, with a goal of improving broker access to the offerings. To accomplish this, ...