Industry News
Thai Broker TQM, Insurer Are First to Roll Out Thai Coronavirus Policy
The world's best-performing insurance firm has seized on the latest health concern to offer Thailand's first policy to cover the novel coronavirus. TQM Corp., with partner Bangkok Insurance Pcl, this ...
Allstate’s New Growth Plan Includes Agent Commission Revamp, More Advertising
Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty ...
The Latest Launches From Chubb and Berkshire Hathaway
Chubb enhanced one of its signature digital platforms with new capabilities for client and broker users. Berkshire Hathaway 's GUARD Insurance Companies added Michigan to the list of states where the ...
Executives On The Move at Farmers, W.R. Berkley and Kemper
Farmers Insurance made two promotions within its organization. W.R. Berkley Corp. appointed a former executive from The Navigators Group as a claims executive. Kemper Corp. appointed a new member to ...
AXA Reportedly in Advanced Talks to Sell Eastern Europe Unit to Austria’s Uniqa
Axa SA is in advanced talks to sell its central and eastern European operations to Austria's Uniqa Insurance Group AG, people familiar with the matter said. The insurers aim to reach an agreement in ...
Buckle Debuts Driver Rideshare Policy With Personal and Commercial Cover
InsurTech startup Buckle is rolling out what it bills as the first rideshare-only insurance that provides rideshare and Transportation Network Company (TNC) drivers with personal and commercial ...
Chubb CEO Greenberg Predicts ‘Modest’ Coronavirus Impact for Now
Chubb Chairman and CEO Evan Greenberg said he expects the insurer—at least for now—to experience only modest impact from the coronavirus tearing through China and around the world. The ...
InsurTechs Focused on Insurance Comparison, IaaS Win More Funding
Two InsurTechs attracted new venture funding. One is an insurance comparison site, and the other an MGA that also offers an infrastructure-as-a-service software platform. *** The Zebra, an insurance ...