expansion News
Pie Insurance Gains Workers Comp Marketing Approval in 5 More States
Pie Insurance has started selling its online workers compensation insurance in five more states, bringing the total so far to 14. The Washington, D.C.-based managing general agent disclosed it has ...
Progressive Plans 10,000-Employee Hiring Spree
Progressive plans to hire more than 10,000 people through 2019 to help propel rapid growth. The Ohio-based property/casualty insurer said it wants to fill analyst, IT, corporate, customer care, ...
BHSI Opens Second Office in Germany
Berkshire Hathaway Specialty Insurance is expanding operations in Germany. The insurer said that it has opened a new office in Munich, adding to existing operations in Dusseldorf. Both offices will ...
Root Insurance Raises $100M; Money Will Propel Continued Hiring Push, National Expansion
Root Insurance raised a $100 million financing round in a bid to fuel market expansion and hiring as the auto insurance startup with its telematics-based platform goes national. Tiger Global ...
Rebranded Liberty Mutual Re Starts in U.S. Marine Market and Debuts in Italy
Liberty Specialty Markets has rebranded its reinsurance division as Liberty Mutual Re, has begun writing marine business in the U.S. for the first time and is opening for business in Italy. Scott ...
Pie Insurance Expands Workers Comp Policies Into 3 More States
Pie Insurance has begun selling its low-cost small business workers compensation insurance policies online in Colorado, Louisiana and Texas. That brings the total states for Pie to seven as in March ...
Allianz Invests in Africa Re, Continuing an Africa Expansion
Germany's Allianz Group will acquire an 8 percent stake in Africa's largest reinsurer, Africa Re, in a cash deal worth $81 million. The deal makes Allianz one of Africa Re's largest shareholders and ...
AIG Grows Presence in Pension Risk Transfer Market
American International Group is expanding its presence in the pension risk transfer market, spurred in part by the Trump tax cuts. "We are seeing significant opportunity in this market, driven by tax ...