Nationwide plans on striking hard against digital insurer upstart competitors with the debut of Spire, a digital auto insurance platform with an eye on millennial customers. Spire, which will be rolled out in the 2019 fourth quarter, centers around the …
Insurtech Zeguro has launched its platform designed to help small and midsize companies manage cyber threats in multiple ways. The San Francisco-based managing general agency describes itself as an “end-to-end cyber safety platform and insurance provider.” Its new platform includes …
AIG President and CEO Brian Duperreault said that the evolving, hardening market is sustainable and dovetailing nicely with the insurer’s ongoing efforts to shed excessively risky business. He also announced that AIG will be investing in operational improvements with a …
American International Group (AIG) President and CEO Brian Duperreault has insisted that the insurer’s General Insurance unit will produce an underwriting profit for all of 2019, after a decade of losses. His promise has now come true for the second …
Online insurance agency Hippo Insurance said it has secured a $100 million financing round that will help propel a broader U.S. expansion of its super-quick online homeowners insurance. Global technology investment firm Bond led the Series D financing, which also …
Chubb Chairman and CEO Evan Greenberg referred to his company as being in the midst of a “rational market” and appeared pleased with its direction and tone so far in 2019. “In the first quarter, in total, with all lines …
An activist Argo Group shareholder accuses the company of using a corporate jet for 1,500 flights in recent months and questions whether the trips were exclusively for business purposes. So goes the latest salvo fired against the company in advance …
Argo Group is urging shareholders to reject allegations of “reckless behavior” and “poorly researched claims” from activist stockholder Voce Capital Management when the company’s annual shareholder meeting takes place on May 24. Those rebuttals are part of a letter that …
Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform. Now, 30 different business types can access the platform. Businessowners can typically get a quote in less than …
Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance. Each owns a business at the downtown pedestrian mall in Charlottesville, Va. They’re all in their early ’30s …
