U.S.
Data Analytics Startup Confianza Makes Its Debut
Confianza has launched – a new data analytics company focused on smaller insurers. Two insurance industry veterans are behind the New Mexico company's launch. One co-founder – Jeffrey Glazer – ...
Lemonade Plans to Sell 3 Million Shares in Secondary Offering
Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for "general corporate purposes." The New York-based InsurTech could raise as much as $808 ...
Chubb, Liberty Mutual, Travelers Put Political Donations On Hold
Major U.S. insurers on Wednesday decided to suspend contributions to political campaigns for the next few months, following last week's violence at the U.S. Capitol and challenge to President-elect ...
The U.S. Struck Hardest by 2020 Global Insured Cat Losses: Aon
As bad as 2020 was, global insured catastrophe losses came in at relatively normal levels. The U.S. stands as a notable exception, however, with a large surge in hurricanes, wildfires, and other ...
The Latest Launches From QBE North America, Aclaimant and Pathpoint
QBE North America is partnering with a technology company to use its software for recognizing ergonomics issues in the workplace. Aclaimant released new technology designed to help its work safety ...
ReSource Pro Grabs Insurance Consulting Firms Strategy Meets Action, The Nolan Company
ReSource Pro said it has acquired two strategic advisory and management consulting firms focused on property/casualty insurance: Strategy Meets Action and The Nolan Company. ReSource Pro, an ...
For Brown & Brown, Acquiring CoverHound Accelerates Tech Modernization Efforts
Property/casualty insurance companies far and wide are considering whether to develop technology platforms in-house or modernize some other way. Brown & Brown chose an acquisition to get there. ...
W.R. Berkley Corp. Sells NYC Office Complex for $105M Pre-Tax Net Gain
W.R. Berkley Corp. sold off one of its real estate investments – a New York City office complex – at the end of 2020. The sale generated a $105 million pre-tax net gain, according to the ...