expansion News
Blink Parametric Expands to Central and Latin America
Blink Parametric, the Cork, Ireland-based InsurTech plans to expand its flight disruption insurance platform into Central & Latin America starting later this month. The partnership between Blink ...
Lemonade Pushes Into France With Renters Insurance
Lemonade has started selling renters insurance in France, the third European country into which it has expanded so far. Residents of France can now purchase the coverage using any device, at any ...
Kin Raises $35M; Florida Home Insurance Carrier Pilot to Expand
Kin Insurance raised $35 million in new venture funding, attracting multiple investors including the investment arm of AAA Insurer CSAA Insurance Group. The Chicago-based home insurer focused on ...
Lemonade Enters the Netherlands Insurance Marketplace
Lemonade is now doing business in the Netherlands, its second European country after debuting in Germany nine months ago. The New York-based InsurTech said that Dutch customers can purchase contents ...
Progressive Plans to Hire Up to 8,000 Additional Employees in 2020
Progressive said it plans to hire as many as 8,000 new employees nationally in 2020 to help propel continued growth in auto, property, commercial lines and recreational products insurance. Hiring ...
Chubb Boosts Stake in Major China Insurer
Chubb Ltd. has increased its investment in one of China's major insurers, reflecting a deeper commitment to penetrating the market there. Chubb said it would purchase another 15.3 percent of Huatai ...
Generali CEO Donnet Mulls $3.3B Investment in Acquisitions
Assicurazioni Generali SpA, Italy's biggest insurer, may invest at least 3 billion euros ($3.3 billion) to grow through mid-size acquisitions in insurance and asset management, according to Chief ...
Root Insurance Enters California Market, Where Telematics Underwriting Tool Doesn’t Apply
Root Insurance, an auto insurance startup that does business via smartphone, has entered the California market. But there's a catch. Root's app uses smartphone technology, telematics and data science ...