Specialty
EIS Eyes New Insurance Software Growth Phase With $100 Million TPG Investment
Insurance software company EIS secured a $100 million investment from private equity firm TPG, money designed to help it accelerate product development across multiple product lines. A geographic ...
France’s Covéa Reportedly Interested in Grabbing AXA XL’s Reinsurance Biz
Covéa, the French non-life mutual, is interested in acquiring AXA XL's reinsurance business, AXA Re, in deal that could be valued at €5 billion, according to press reports. The news story, which ...
Global RV Rental/Travel Marketplace Outdoorsy Raises $120M, With Plans to Expand Insurance Division
Digital MGA Roamly is poised for expansion, thanks to more than $120 million in equity and debt financing raised by parent company Outdoorsy - a global online RV rental and outdoor travel ...
Warning: High-Tech Cyber Crime Will Keep Coming, ‘Terminator’-Style
Businesses worldwide are fighting sophisticated data scientists as they battle to protect their data-rich computers from cyber crime - and the costly attacks are not going to stop, a top expert at ...
Buffett’s Berkshire Hathaway Appears to Extend Stock Repurchase Effort
Warren Buffett's Berkshire Hathaway Inc appears to have extended its drive to repurchase its own stock, even with its share price near a record high, according to regulatory filings and an analyst. ...
Executives On The Move at USAA, Snapsheet and The Hartford
USAA hired a new chief strategy officer. Snapsheet promoted a veteran executive to the role of president and chief operating officer. The Hartford made one of its executives its new Life Science ...
See You in Person: Global Insurance Symposium Readies Post-COVID Gathering, With Online Component
After more than a year of quarantines, masks and other COVID-19 precautions, an insurance industry group is about to hold an in-person meeting again. The Global Insurance Symposium is meeting in Des ...
Executives On The Move at Corvus Insurance and BHSI
Corvus Insurance hired two new executives – one formerly with Zurich Insurance. Berkshire Hathaway Specialty Insurance established a dedicated London-based Energy & Technical Lines underwriting ...