FEMA Seeking to Renew Its Private Reinsurance for Flood Insurance Program November 7, 2018 By Andrew G. Simpson The Federal Emergency Management Agency (FEMA) has begun the process of renewing its private market reinsurance for the National Flood...
Great American Insurance Names Liberty Mutual’s Artin to Cyber Liability Team November 7, 2018 By Andrew G. Simpson Great American Insurance Group has hired Kelli Artin as divisional vice president of Cyber Liability. Artin will focus on the...
AIG Finalizes Acquisition of Program Manager Glatfelter Insurance November 7, 2018 By Andrew G. Simpson American International Group said it has completed the acquisition of insurance program manager Glatfelter Insurance Group, a deal announced in...
Insurtech Profile: The Evolution of Slice and Future of Insurance November 6, 2018 By Andrew G. Simpson Insurtech Slice, which offers its own on-demand rideshare and homeshare products, now also provides cloud services for carriers wanting to...
Winning, Sharing, Trusting, Failing, Losing: 10 Insuretech Connect Takeaways November 5, 2018 By Andrew G. Simpson Pulling together some loose threads from October’s Insuretech Connect Conference, here are 10 takeaways: Innovation Rap. “I actually feel the...
U.S. Lawsuit Accuses Walmart of Bias Against Pregnant Employees November 5, 2018 By Andrew G. Simpson Walmart is again being accused of violating federal law by failing to accommodate workers’ pregnancy-related medical restrictions. According to a...
AIG Executives Outline Path to Underwriting Profit in 2019 November 2, 2018 By Andrew G. Simpson “We do see it coming. We expect that in 2019 we’re going to be in an underwriting profit position, not...
Insurtech Profile: Snapsheet’s Evolution in Making Virtual Claims Service a Reality November 1, 2018 By Andrew G. Simpson Tech-driven virtual claims services company Snapsheet started out as a service for body shops called Body Shop Bids before pivoting...
RenaissanceRe to Acquire Tokio Millennium Re in $1.5 Billion Deal October 30, 2018 By Andrew G. Simpson Bermuda-based RenaissanceRe Holdings has agreed to pay about $1.5 billion to acquire Tokio Marine’s reinsurance platform (TMR), which includes Tokio...
Insurtech Profile: Openly’s ‘Sophisticated’ Digital Experience for Independent Agents October 26, 2018 By Andrew G. Simpson Keep an eye out for Openly, a new digitally-sophisticated upmarket homeowners insurer catering to independent agents. According to Ty Harris,...