Lemonade, the insurance company built around artificial intelligence and behavioral economics, announced the signing of a $300 million Series D funding round led by SoftBank Group with participation from Allianz, General Catalyst, GV (formerly known as Google Ventures), OurCrowd, and …
Zurich Insurance Group’s investment in CoverWallet is bearing fruit, with Zurich now providing insurance for small and medium-sized businesses in Switzerland via CoverWallet’s online platform. CoverWallet uses analytics and state-of-the-art technology to simplify how small businesses buy insurance. Zurich acquired …
Marco Royer has been named head of Liability for Zurich Canada. Royer will be a member of the Zurich Canada executive team and will report to Zurich Canada CEO Saad Mered. His first day at Zurich will be July 1. …
Billionaire Jack Ma’s Ant Financial has done more than perhaps any company to disrupt China’s gargantuan banking and asset-management industries. Now it’s trying to re-imagine health insurance. Ant’s Xiang Hu Bao, which means mutual protection, has attracted 50 million people …
European Union leaders gave Britain six more months to leave the bloc, more than Prime Minister Theresa May says she needs but less than many in the bloc wanted, thanks to fierce resistance from France. The summit deal in Brussels …
It’s the other dirty problem for U.S. coal — one that could cost utilities billions to clean up. Even as the Trump administration tries to revive the industry, some states are pushing utilities including Duke Energy Corp. and Dominion Energy …
The annual Liberty Mutual Workplace Safety Index documents the top 10 causes of the most serious workplace injuries – those causing an employee to miss five or more days from work – and ranks them by their direct cost to …
Several states are probing pharmacy-benefit managers’ business practices in government-sponsored health programs, adding to the scrutiny the middlemen face in Washington for their role in the cost of drugs. At least three state attorneys general are investigating PBMs, in addition …
California’s Senate Insurance Committee on Wednesday passed legislation aimed at promoting diversity in the state’s insurance industry. Senate Bill 534, introduced by Sen. Steven Bradford, D-Gardena, would require the largest carriers to report on their level of contracting with businesses …
San Diego, Calif.-based Cavignac & Associates has named Destiny Snelling an account manager within its commercial department. Snelling serves as the primary contact at the agency for her assigned clients, responsible for identifying their exposure to risk and recommending appropriate …
