Industry News
Hong Kong Tycoon Richard Li’s Insurer FWD Makes U.S. IPO Filing Public
Sept 24 (Reuters) - Insurance company FWD Group Holdings Ltd, owned by Hong Kong billionaire Richard Li, made its filing for a stock market listing in the United States public on Thursday, revealing ...
Employees Saying Adios to Carriers, Brokers Requiring Work in Office
During a session of an insurance industry webinar titled "State of the Insurance Marketplace," the war for talent was discussed just as much as the hard or moderating property/casualty insurance ...
Home Insurers Struggle With Customer Loyalty in Changing Housing Market: J.D. Power
Home insurers have struggled to develop products and services designed to maximize customer lifetime value for the growing population of baby boomers migrating from home ownership to renting, ...
The Latest Launches From Munich Re’s HSB, Brit Ld. and KCC
Munich Re's HSB Canada launched a collection of cyber insurance and services designed to protect small and medium-size businesses. Brit Ltd., the London-based specialty insurer and reinsurer, has ...
Root Promotes CFO Rosenthal to New Position Designed to Accelerate Growth Initiatives
Root promoted CFO Daniel Rosenthal to the new position of Chief Revenue and Operating Officer, an organizational change the Ohio-based digital auto insurer is pursuing to help accelerate growth. In ...
Zurich Joins $10 Million Venture Round for Cyber InsurTech BOXX; Partnership Planned
Zurich Insurance has joined a $10 million venture investment round for BOXX, a Toronto-based cyber insurer for small businesses, individuals and families. The startup said it has also formed a global ...
Insurer M&A Activity Up — But Not for P/C Sector
Most insurance sectors saw an increase in merger and acquisition activity in the first half of 2021, according to Deloitte's latest Midyear Insurance M&A Outlook. The number of M&A deals is ...
Bolttech Extends Series A Financing to $210M as Plans to Grow Signature Platform Continue
InsurTech startup bolttech announced the extension of its recently announced $180 million Series A funding round led by Activant Capital Group, bringing the series total to $210 million. The funding ...