Insurance

Insurtech weekly news roundup: Sept. 2

This week, Fairmatic closed a $42 million venture capital financing. Buckle and a partner forged an MGA agreement in Alabama....

Case study: Sapiens partnership expands scope of key platform

While a number of insurance technology platforms are marketed to automate individual processes, Sapiens International Corp. has a product that...

Revealed – 10 best insurance companies to work for in 2022

The US insurance industry boasts a workforce of more than 2.8 million employees, according to the latest data gathered by...

HaystackID launches global advisory group to consolidate consulting arm

There’s no data volume too small to cost businesses over a million dollars when a cyberattack occurs. While ransomware and...

Beazley launches new online portal for Weather Guard product

Specialist insurer Beazley has announced a new online portal for its Weather Guard product. The portal, created in partnership with...

Marsh McLennan Agency acquires Steinberg & Associates

Marsh McLennan Agency (MMA) has announced its acquisition of the Spartanburg, SC-based independent agency Steinberg & Associates, Inc. The terms...

Sun Life to snap up majority stake in Advisors Asset Management

Sun Life Financial has announced that it intends to acquire a majority stake in the US-based retail distribution firm Advisors...

NFP’s new SVP is analytics MVP

Property-casualty broker NFP has announced the appointment of Tevin Smith (pictured above) as senior vice president in its management and...

Insured losses from floods doubled over last decade – Swiss Re

Insured losses from floods doubled to $80 million during 2011-2020 as compared to the previous decade, according to a new...

AXA unit makes apology on back of Tesla crash test controversy

AXA Switzerland is ruing the day it presented a crash test – with the aim of demonstrating the risk of...

Florida regulators mull lifting $700,000 policy cap on Citizens

Florida’s Office of Insurance Regulation (OIR) is looking into the possibility of raising the $700,000 cap on policies sold by...

Hilb Group acquires Massachusetts firm

The Hilb Group has announced the acquisition of Massachusetts-based Cook & Company Insurance Services. The acquisition builds on the Hilb...