Insurance industry rating agency AM Best on Friday put the financial strength rating of Pie Insurance Group under review with negative implications. Pie Insurance Company of Columbus and Pie Casualty Insurance Company of Chicago currently have a financial strength rating …
Risk Strategies Names Bussiere Commercial Lines Leader, New York Region Risk Strategies, headquartered in Boston, Mass., appointed Margaret Bussiere as commercial lines leader, New York region. Bussiere brings nearly 25 years of insurance industry experience to her new role. She …
Late last week insurtech Pie Insurance held an all-hands meeting during which CEO John Swigart told employees that 14% of them, 66 in all, are being laid off. “This decision was made as part of our wider budget revision process …
Michigan-based Ford Credit announced plans to launch Ford Pro Insure, a new commercial auto insurance product powered by Pie Insurance. “Ford Pro customers have come to expect a complete set of products and services that ensure their fleets are the …
Pie Insurance, an insurtech specializing in workers compensation insurance for small businesses, said it raised a $315 million Series D round of funding – the largest round of financing for any U.S. based P&C insurtech company in 2022. The fundraise …
Pie Insurance, an insurtech company specializing in workers’ comp insurance for small businesses, announced strategic partnerships with three leading commercial insurance platforms: Bold Penguin, Talage, and Tarmika. Agents using these partners have even more flexibility to access quotes from multiple …
Zurich Creates Role to Support Energy and Construction Clients With Sustainability Zurich North America has created three roles to support its construction and energy customers in their sustainability objectives. “Climate change is one of the most urgent risks confronting our …
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 …
Rhode Island-based commercial property insurer FM Global is making executive management team changes, moving seasoned leaders within the company into newly created roles. Bret N. Ahnell, executive vice president and a 34-year veteran of the company, has been named chief …
There have been two notable funding rounds by insurtechs this week. Workers’ compensation provider Pie Insurance has raised $118 million in new funding, including financing from Allianz and others. Snapsheet, a claims management platform insurtech, raised $30 million in new …
