specialty insurance News
Argo Group CEO Watson Touts Early Tech Adoption, Eagerness to Adapt as Smart Moves
In an age of big data and machine learning, some carriers are still assessing what technological investments they'll need to adapt and compete. Mark Watson, the long-time CEO of Argo Group, insists ...
Sompo International Will Buy Italian Agriculture Insurer A&A
Sompo International said it has agreed to buy an Italian agriculture insurer in a bid to broaden the reach of a new, recently-launched global technology platform focused on the sector. The ...
Volante Global Debuting in Early 2018 as Multi-Class International MGA Platform
Volante Global Ltd will launch and commence trading during Q1 2018, subject to Lloyd's coverholder approvals where appropriate. The new multi-class and multi-territory international managing general ...
Navigators Eyes EU Expansion Through $41.2M Planned Purchase of Belgian Specialty Insurer
The Navigators Group agreed to pay $41.2 million for Belgian specialty insurer ASCO and a connected insurance underwriting agency, a transaction that will help expand its specialty insurance business ...
GuideOne Insurance Hammered With A.M. Best Ratings Downgrades
GuideOne Insurance was hit with ratings downgrades from A.M. Best, designations assigned to the company, in part because of its operating results over the first half of 2017. Broken down, A.M. Best ...
Brexit Drives British Ship Insurer North to Establish Dublin Subsidiary
British ship insurer North is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the first of these specialized providers to ...
Etherisc, an InsurTech Startup, Is Marketing Blockchain-Based Flight Delay Insurance
Etherisc, a Zug-Switzerland-based insurance platform startup, has begun offering blockchain-based flight delay insurance, called Flight Delay, which automates the process of getting an insurance ...
Assurant to Acquire The Warranty Group for $2.5B, With Eye on Quicker Global Growth
Assurant will pay $2.5 billion to acquire The Warranty Group, a rival that provides insurance protection plans in areas including consumer electronics and appliances. Plans call for closing the deal ...