growth News
MGU SageSure Secures $125M in Bank Financing to Support Continued Growth Plans
SageSure, a tech-driven managing general underwriter focused on costal residential property markets, raised $125 million in bank financing meant to enable its continued growth plans. "SageSure has ...
Taking a Growth Pause: Preparing for Long-Term Success
When you are in the early stages of starting your company, your one focus is to get things rolling. To do that, you prioritize: raising capital, getting your Certificate of Authority, obtaining ...
More Expansion for Applied Underwriters; Ex-AIG Exec to Run New D&O Division
Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) ...
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 ...
Trōv Expands Into D.C. and Seven More States
Trōv said its on-demand online, single-item insurance products are now available in seven more states and the District of Columbia. Trōv has now expanded into Alabama, Arkansas, Georgia, Hawaii, ...
Ex-Swiss Re Exec Will Grow AXIS Re’s Strategic Partners Division Into North America
AXIS Re said it is expanding its AXIS Re Strategic Partners division into North America, and is bringing on a former Swiss Re executive to carry out the move. AXIS Re, the reinsurance business ...
Independent Agents Satisfied With Carrier Interactions Send More Business to Them: J.D. Power
It may be obvious to those in the industry that the more satisfied independent insurance agents are with an insurance carrier, the more business they will conduct with that carrier. But the message ...
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, ...