Large Insurers Embrace Digital Exchanges, Selling Their Own and Other Policies September 7, 2021 By Alwyn Scott Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals,...
With Federal Legalization Expected, Cannabis Insurers Get Ready September 6, 2021 By Alwyn Scott Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as...
Higher Rebuilding Prices Expected to Boost Hurricane Ida’s Insurance Costs August 31, 2021 By Alwyn Scott Insurers are bracing for $15 billion to $30 billion in claims from Hurricane Ida, but the figure could jump higher,...
With Federal Legalization Expected, Cannabis Insurers Quietly Get Ready to Roll August 20, 2021 By Alwyn Scott Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as...
Goosehead Unveils ‘Digital Agent’ Platform for Personal Lines Consumers August 11, 2021 By Alwyn Scott Insurance technology company Goosehead Insurance Inc. will launch on Wednesday a web-based service aimed at people shopping for personal coverage...
Sale of Willis Re Still Possible After Collapse of Aon Merger, Gallagher Deal August 3, 2021 By Alwyn Scott Insurance broker Willis Towers Watson PLC said on Tuesday it is weighing strategic alternatives for its reinsurance unit, Willis Re,...
7 Insurtechs With Multibillion-Dollar Valuations August 3, 2021 By Alwyn Scott A number of insurtech startups are coming to market through blank-check companies. Here are valuations of several that have announced...
Homeowner Insurtech Hippo to Go Public Today as Real Estate Market Remains Hot August 3, 2021 By Alwyn Scott Hippo Enterprises Inc. wants to change homeowners’ insurance by using customer data to make it faster and easier to get...
Insurance Industry Heading to Faster Recovery than After 2008 Financial Crisis: Swiss Re July 26, 2021 By Alwyn Scott The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the...
AIG Plans Sale of Life Business to Blackstone and in IPO July 14, 2021 By David French, Alwyn Scott and Nivedita Balu American International Group Inc. plans to use an IPO to sell part of its life and retirement business, while Blackstone...