expansion News
Zurich’s Cover-More Accelerates Latin America Travel Insurance Expansion
Zurich Insurance Group is doubling down on plans to expand throughout Latin America. Weeks after agreeing to pay $409 million for the Latin American operations of Australian insurer QBE, the Swiss ...
ICW Group Expands Workers Comp Underwriting Operations Into 5 New States
ICW Group Insurance Companies plans to start writing workers compensation in five new states: Iowa, Kentucky, Maryland, Minnesota and Missouri. ICW, a group of property/casualty carriers based in San ...
Sompo International Rolls Out European Specialty Insurance Underwriting Division
Sompo International is launching a new European specialty insurance underwriting operation. The Bermuda-based specialty provider of property/casualty insurance said the division initially will focus ...
Catastrophe Modeler Praedicat Raises $6M With Plan to Reach Beyond Insurance Clients
Praedicat said it has completed a $6 million, early stage financing. The Los Angeles-based casualty catastrophe modeling company plans to use the money to accelerate development of products that ...
Cybersecurity Firm Optiv Expands Into Europe, Seeks Acquisitions
Optiv Security, an acquisitive Denver-based company backed by private equity firm KKR, is expanding into Europe, where it will offer its cybersecurity management and consultancy services, executives ...
Root Expands Into Four More States With Telematics-Based Auto Insurance Cover
Root, a telematics-based auto insurance startup, has expanded into four additional states, bringing the total in which it operates to 10. New state approvals to operate are from Pennsylvania, Texas, ...
Hippo, an InsurTech Focused on the Homeowners Market, Readies an Expansion
Hippo, an InsurTech focused on providing super-quick homeowners insurance, said it is gearing up for U.S. expansion enabled by a new strategic partnership. The California-based startup said it has ...
Sompo International Expands, Addresses Brexit Worries With New EU HQ
Sompo International Holdings Ltd. plans a European expansion with a new headquarters on the continent, a move that also addresses uncertainty over the Brexit process. The Bermuda-based insurer and ...