Bolt News

Startup Slice, Offering Insurance for On-Demand Workers, Raises $3.9M

Slice Labs Inc., an instech startup set to launch an on-demand platform to sell insurance to participants in the on-demand economy, said it has secured $3.9 million in seed funding led by Horizons Ventures and XL Innovate. The Slice on-demand …

BOLT Buys 2 Agencies, Opens Florida Office

The Business Owners Liability Team (BOLT) insurance agency is opening a regional office in Sarasota after acquiring two Florid agencies. BOLT has acquired the Sarasota-based PRG Insurance Agency and Florida Direct Insurance Agency. Robert Rizzo has been named the regional …

Lloyd’s Analyzes Baden-Baden Reinsurance Renewal Conclave

An article on the Lloyd’s website takes a look at the “insurance and reinsurance specialists,” who “converge in Baden-Baden to begin their ‘renewal season’ discussions in earnest and in preparation for January 1, when deals between primary insurers and their …

Lloyd’s Bolt: Offshore Energy Underwriters Aren’t ‘Robustly Managing Risks’

In a keynote speech at the annual Houston Marine Insurance Seminar Tom Bolt, Lloyd’s Director of Performance Management, told an audience of energy insurers that he is not convinced offshore energy underwriters are ‘robustly managing risks.’ He added that the …

Lloyd’s Names Patterson as New Controller of Agencies; Lawrence as Deputy

Lloyd’s announced that Mark Patterson has joined Lloyd’s as the new Controller of Agencies and David Lawrence has been promoted to Deputy Controller. Patterson joins Lloyd’s from a marine insurance career spanning over thirty years with INA, AIG and CV …

Catlin Stokes Broker Compensation Controversy

The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week at a conference in London sponsored by Insurance Day. Catlin …