Industry News
Nitschke Hands InsurTech Bunker’s Reins To Simkin As New CEO
Late last week, Chad Nitschke, chief executive officer of InsurTech Bunker, a contract-related insurance marketplace he co-founded in 2016, announced that he is passing the CEO reins to Jordan ...
Zurich To Stop Backing Nord Stream 2 After U.S. Sanctions Warning
Zurich Insurance Group will drop out of Russia's Nord Stream 2 project in the face of looming U.S. sanctions against European companies that support construction of the $11 billion gas pipeline, two ...
UK Supreme Court Rules Businesses Should Be Insured for COVID-19 Claims
Small businesses, from restaurants to nightclubs and wedding planners to beauty parlors, on Friday won the right to insurance payouts after Britain's highest court ruled many policies should cover ...
Initial Reactions to UK Supreme Court’s Ruling on Business Interruption Claims
Insurers, policyholders and industry observers have issued comments on the UK Supreme Court's ruling that insurers should pay small businesses for many business interruption claims from the COVID-19 ...
UK Insurance Ruling Is ‘Massive Boost’ for Businesses: Hiscox Action Group
A UK Supreme Court insurance judgment substantially in favor of policyholders will be a "massive boost" for British businesses currently suffering from a third government lockdown, the Hiscox Action ...
InsurTech Loop Announces Seed Funding, Targets Fair Auto Insurance
Loop, a B-Corp MGA focused on using AI, big data and telematics to build more inclusive auto insurance, announced the close of a $3.25 million seed round on Wednesday. Freestyle.VC led the funding ...
Cyber Risk Specialist INSUREtrust Acquired
Constellation Affiliated Partners, a N.Y.-based insurance consolidator platform that specializes in acquiring U.S. and Canadian managing general agencies, program administrators and wholesale ...
Aon Cuts Ties With Trump Organization
Insurance broker Aon has ended its business relationship with the Trump Organization, Wells Media has learned. The Trump Organization is the hotel, luxury residence and golf course business of the ...