Neptune Flood, an AI-driven flood insurance provider, has expanded its capacity through a new program sponsored by Transverse Insurance Group and backed by a panel of global reinsurers, which was placed through Acrisure Re (formerly Beach & Associates). Neptune policies …
U.S.-based specialty insurance firm H.W. Kaufman Group is expanding within Continental Europe through the opening of a new office in Amsterdam, the Netherlands, and the addition of a specialty healthcare insurance team in London. The new H.W. Kaufman Group Europe …
Integrated Specialty Coverages (ISC), a multi-line program administrator that builds end-to-end insurance products with artificial intelligence (AI) engineering and data analytics, has launched its Vacant Property Program (VPP), designed to address the increasing number of vacant residential and commercial properties …
Homeowners insurance platform Openly has made its services available in its home state of Massachusetts. Independent insurance agents in Massachusetts can now access Openly’s coverage and obtain quotes in seconds. Openly has filed for licenses now in nine states with …
The U.S. inland marine insurance segment experienced a “significant downturn in profitability” in 2020, with its loss ratio deteriorating by nearly 16 percentage points amid the COVID-19 pandemic, according to an AM Best report. The Best’s Market Segment Report, “Significant …
Appalachian Underwriters, Inc. (AUI) has partnered with life insurance provider Ethos to offer the coverage via the fintech’s online platform. Agents can now quote customers’ life insurance without medical exams, which have been replaced by a few health questions through …
Price Forbes announced the launch of a digital general aviation facility that will quote and bind risks with a leading Lloyd’s syndicate within minutes. The development within Price Forbes’ proprietary EDGE platform will improve speed of service and placement for …
Lemonade, the insurance company that uses artificial intelligence and behavioral economics, plans to add car insurance to its current renters, homeowners, pet and life insurance offerings in the U.S. The insurtech announced it is readying what it calls Lemonade Car …
Pathpoint, a digital excess and surplus lines insurance distributor, has launched its Lessor’s Risk Only (LRO) Commercial Package for agents to access non-admitted coverage for property owners with a single application. The Pathpoint’s LRO product includes a shortened, targeted question …
Workspace management software company Proximity Space Inc. has launched Proximity Protect, a specialty, nationwide insurance brokerage offering coverage for coworking and flex space operators, members and tenants. According to the company, Proximity Protect is the nation’s first brokerage to fully …
