Esurance, the direct-to-consumer insurance company, has launched a new mileage-based insurance offering called Esurance Pay Per Mile, available first to Oregon drivers. “Esurance is responding to consumer demand for alternative insurance options for those who drive less, opting to walk, …
White Mountains Insurance Group Ltd. agreed to sell Sirius International Insurance Group Ltd. for about $2.2 billion to an arm of China Minsheng Investment Corp. The price for the reinsurer will be 127 percent of shareholders’ equity, plus $10 million, …
Esurance has become Major League Baseball’s exclusive auto insurance partner in a multiyear agreement that includes title sponsorship of the sport’s new all-digital All-Star balloting. Neither MLB nor Esurance, which was bought by Allstate Corp. in 2011 as part of …
As early as 2016 or 2017 commercial insurance will likely be bought and sold regularly over the Internet. That likely-to-be controversial opinion is courtesy of Compare.com CEO Andrew Rose. As he speaks to a reporter, in one breath Rose doesn’t …
The way Valen Analytics President and CEO Dax Craig describes it, Google’s move into insurance with Google Compare for auto insurance is an “all-aboard, wake-up-and-smell-the-coffee” call to the insurance industry. His words were simpler: “Game changer.” The complexity of what …
The Allstate Corp. announced organizational and leadership changes in its personal lines management, agency distribution, multiple-customer operations and technology that CEO Thomas J. Wilson says prepare the company to serve the next generation. “These changes will help us build the …
Esurance has Eric Brandt managing director and chief claims officer. Brandt will oversee the strategic direction and management of Esurance’s claims function. Brandt will report to Gary Tolman and be based at Esurance headquarters in San Francisco. Brandt has more …
White Mountains Insurance Group Ltd. purchased a majority stake in Tranzact for $178 million as the insurer renews its bet on policy sales through the Internet. White Mountains acquired 63 percent of Tranzact, which operates DirectHealth.com, the online insurance comparison …
Esurance, the direct-to-consumer insurance company, said that Alan Gellman has joined the company as chief marketing officer. Gellman will oversee all of Esurance’s marketing and advertising efforts, including direct marketing, online and offline advertising, search, brand partnerships, communications and customer …
After two years of double-digit percentage increases in advertising spending, GEICO Corp. boosted its ad spend by just over five percent in 2013, according to research by SNL Financial. GEICO, with its Gecko and Maxwell the pig mascots, has been …
