March 6, 2020
Sompo Global Risk Solutions (GRS), a subsidiary of Sompo International Holdings Ltd., has entered into a partnership with independent risk management and insurance consulting firm Fisher Harris Shapiro, Inc. (FHS) to offer specialized protection against covered property perils to U.S. …
March 5, 2020
Insurance data analytics and risk modeling firm Verisk announced the expansion of its new insurtech solution OneXperience into commercial insurance. This expansion will enable agents and businesses to engage and closely collaborate with insurers by sharing video surveys of commercial …
March 5, 2020
Tokio Marine HCC has agreed to snatch up GCube, a managing general agent with a focus on renewable energy risks. The deal is expected to close in the 2020 second quarter, pending the usual regulatory approval process and other customary …
March 4, 2020
Pool Re, a leading British terrorism reinsurer, said it has completed placement of its £2.4 billion retrocession program with more than 50 international reinsurers, led by Munich Re. Hannover Re also provided a significant part of the coverage. The £2.4 …
March 4, 2020
Pie Insurance, an insurtech offering workers’ compensation insurance to small businesses, has expanded its workers’ compensation insurance offering to Alaska. The addition increases Pie’s coverage area to 34 states and the District of Columbia. Pie works directly with small business …
March 4, 2020
Pie Insurance, an insurtech offering workers’ compensation insurance to small businesses, has expanded its workers’ compensation insurance offering to Missouri. The addition increases Pie’s coverage area to 34 states and the District of Columbia. Pie works directly with small business …
March 3, 2020
Relm, a Bermuda-based insurer that specializes in emerging business categories, has opened its doors for business. The new business, which is led by CEO Joe Ziolkowski and Operations Vice President Keyla Roman, is owned by Deltec International Group, a Bahamas-headquartered …
March 2, 2020
Chaucer, the London-based specialty re/insurance group, announced a new partnership with London-based insurtech Artificial Labs to deliver a next generation underwriting platform for high-volume specialty products. The partnership will provide a smarter and more efficient underwriting service to brokers and …
March 2, 2020
Lloyd’s has launched an insurance policy to protect cryptocurrency held in online wallets against theft or other malicious hacks. The first of its kind liability policy, with flexible limits from as little as £1,000 (US$1,281), was created by Lloyd’s syndicate …
February 28, 2020
Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars. Japan has more than 200 cases of …