Insight Risk Targets Builder’s Risk Water Damage Losses Insight Risk, a technology-focused Builder’s Risk managing general agent (MGA), announced it is launching an innovative model designed to reduce water damage losses on commercial occupancies by up to 90%. By bundling …
InsuredMine and HawkSoft Integrate Agency Sales and Management Insurance agency sales automation software firm InsuredMine and agency management technology firm HawkSoft have released two-way API integration between their platforms. Agencies that use InsuredMine’s customer relationship management platform in conjunction with …
Aon and Paypal Expand Access to Insurance for Small Businesses Insurance broker Aon and digital payment service PayPal Holdings announced a program to help PayPal’s small business customers in the U.S. access insurance simply and quickly. The digital insurance program …
Insurance brokerage platform Newfront announced a $200 million investment at a $2.2 billion valuation led by the Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders Fund and Meritech Capital. Newfront said it plans to …
Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, setting them up for a 12-week program working with financial services and venture capital executives. This year’s participants, selected from nearly 200 applicants …
Global insurance and professional services firm Aon has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. Tyche develops customized risk and capital modelling software for actuaries, quantitative analysts and risk teams. Its global clients include some …
Nationwide Sponsors Labrador Retriever Robot Giant insurer Nationwide is partnering with an early-stage robotics company, Southern California-based Labrador Systems, on a multi-state pilot program with the Labrador Retriever, a personal robot designed to help individuals live more independently as well …
Great American Insurance and Assurely Offer D&O to Startup Firms The Executive Liability division of Great American Insurance Group and the insurtech, Assurely, announced an agreement to offer directors and officers liability (D&O) insurance to private companies raising capital via …
Global specialty insurer SiriusPoint said it is investing in LuckyTruck Corp., a digital broker and aggregator specializing in commercial trucking insurance. The two did not disclose the investment amount. LuckyTruck vows to make the purchase of insurance for trucking fleets …
Chubb Enhances Cyber Risk Service Offerings Chubb has expanded its cyber risk service offerings to further support all commercial clients in reducing exposures and mitigating potential losses. Russ Cohen, vice president, Cyber & Technology Practice Leader, Chubb Global Risk Advisors, …
