Industry News
W.R. Berkley, State Auto, Guidewire Join Financing for New Digital Vehicle Titling Startup
W.R. Berkley Corp., State Auto Insurance and other industry stalwarts joined a new $8.5 million investment round for Champ Titles, a startup that digitizes the process of vehicle titling. Berkley and ...
Who Is Returning to the Office? Carrier Management Wants to Know
Carrier Management wants to know when, and if, you're planning a return to the office after more than 18 months and counting of the COVID-19 pandemic. Some carriers and other companies in the ...
Insurance Is a Top Cost Worry For Canadian Small Businesses: Survey
Insurance has become the top operating cost concern for small businesses in Canada with seven in ten reporting that their premiums have gone up since the beginning of the year, according to the ...
Ally Financial Will Offer Home Insurance Policies Via Hippo Partnership
U.S. online bank Ally Financial has agreed to backstop home insurance policies provided by Hippo Holdings Inc, providing capital for the latter to generate more business, the ...
CNA Searching for New CFO After Miralles Resigns
CNA has begun searching for a new mhief financial officer. The Chicago-based property/casualty insurer said that Al Miralles, its current executive vice president/CFO has resigned, with plans to ...
InsurTechs Targeting Car Insurance Comparisons, Reinsurance and Income Protection Raised New Financing
Jerry, a digital car insurance comparison-and-buy startup, raised $75 million in new financing designed to fuel a broader expansion. Vesttoo, an Alternative Reinsurance and Investment platform, ...
Chubb, Liberty Mutual, More Participate in Amazon’s New Insurance Network Cover for Online Sellers
Amazon has launched a new digital insurance network designed to help small businesses selling on its platform more easily purchase affordable product liability coverage. Dubbed the Amazon Insurance ...
Munich Re Said It Will Meet 2021 Profit Goals Even as COVID-19 Costs Grow
German reinsurance group Munich Re said on Tuesday it would meet its 2021 profit goal as it raised its forecast for gross premiums and predicted higher pandemic-related losses than previously ...