Industry News
Travelers Will Buy Plymouth Rock’s Digital Agency InsuraMatch for Undisclosed Price
The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies. Neither side disclosed financial terms. The ...
Biodiversity Loss Among ‘Very Top Risks’, Warns AXA Executive
AXA Group's chief risk and investment officer, Alban de Mailly Nesle is required to ponder myriad dangers to the Paris-based insurer and its 830 billion-euro ($995 billion) asset management arm. He ...
U.S. States Reportedly Plan to Sue Facebook Over Alleged Antitrust Violations
A group of U.S. states led by New York is investigating Facebook Inc for possible antitrust violations and plans to file a lawsuit against the social media giant next week, four sources familiar with ...
Root Loses $85M, Secures P/C Shell Company for Further Growth
Root lost more than $85 million in its 2020 third quarter – its first as a public company following an initial public offering in October that raised $724.4 million. The Ohio-based digital auto ...
UK-Based Reinsurer Conduit Holdings Sees Stock Rise After $1.1B London IPO
Reinsurer Conduit Holdings Ltd. rose as it started trading in London after a 826 million-pound ($1.1 billion) initial public offering, the second largest by a British company on the London Stock ...
Chubb Gives COO Keogh Added Title of President
Chubb has given longtime Chief Operating Officer John Keogh the added title of president. As before, Keogh will continue to report to Chubb Chairman and CEO Evan Greenberg, and he'll continue to ...
Allianz to Grab Westpac’s General Insurance Unit for $535M
Australia's Westpac Banking Corp will sell its general insurance arm to German insurer Allianz for A$725 million ($535 million), it said on Wednesday, further trimming its portfolio to beef up ...
Set Boundaries and Embrace Self-Compassion to Avoid Burnout
Work can take over our lives if we let it, upping our stress levels and causing us to burn out while also taking a toll on our personal relationships. Setting firm boundaries, practicing ...
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.