Canopius Group, a global specialty (re)insurer, announced an agreement with Samsung Fire and Marine Insurance (SFMI), its substantial minority shareholder and business partner, to underwrite U.S. admitted business on its A++ rated paper. This agreement marks the most significant business …
Coalition has launched new executive risks insurance products for small and midsize businesses. The directors and officers (D&O) and employment practices liability (EPL) coverages are underwritten by Zurich North America. Coalition says its broker platform integrates real-time financial, regulatory, and …
Arbol Inc., a New York City-based insurtech platform for parametric protection products, announced the launch of Arbol Underwriters Ltd. (AUL), a registered insurance agent based in Bermuda, which is focused on providing reinsurance capacity for parametric insurance risks. AUL’s parent …
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced it has entered the pet insurance market via its Accident and Health unit through a strategic relationship with managing general underwriter Petplan. AXIS Insurance will provide underwriting …
Who would have thought, given what many have called a crisis in the Florida property insurance market, that an insurance company would decide it could improve its bottom line by focusing solely on the storm-plagued Sunshine State? FedNat Insurance, formerly …
Chaucer, the London-based specialty re/insurance group, and parametric insurtech startup, Yokahu, are launching a new microinsurance product, which will provide cover for hurricane events in the Caribbean. This new parametric product is designed to tackle the problem of underinsurance in …
Home, renters and pet insurer Lemonade is deploying its artificial intelligence, behavioral economics and social good mantra with its newest product, Lemonade Car. Lemonade Car is designed to offer better auto insurance prices for safe and low-mileage drivers, as well …
Insurance broker Willis Towers Watson announced the signing of an agreement to acquire the remaining 51% shares from Anemone Holdings Private Ltd and Rohit Jain in Willis Towers Watson (WTW) India. WTW currently owns 49% of Willis Towers Watson India …
Hylant, a Toledo, Ohio-based insurance brokerage, has launched RoadPilot, a “pay as you go” hired non-owned program designed for the restaurant home food delivery industry. RoadPilot is an app-based technology that drivers install on their phones, according to a statement …
An online shopping tool, GetAQuote.com, is expanding its service to include more homeowners’ insurance offerings in Florida, the company announced. The firm began in Boca Raton, focused on upper-end homes and country club residences, but now wants to reach more …
