In Its Quest for Diversity, Insurance Industry Finds One Size Does Not Fit All July 16, 2021 By Mark Hollmer In the wake of massive protests last year focused on racial equity and social justice, insurers are among the many...
Insurers’ Own Infrastructure Could Be Next Targets of Cyber Criminals July 2, 2021 By Mark Hollmer As “the next digital pandemic,” cyber risks are increasingly becoming a problem for insurers themselves, according to an industry expert....
MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets May 13, 2021 By Mark Hollmer Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing...
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins May 3, 2021 By Mark Hollmer The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and...
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins April 23, 2021 By Mark Hollmer The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and...
Chubb CEO Greenberg Reiterates Call for Litigation Reform April 14, 2021 By Mark Hollmer Chubb Chairman and CEO Evan Greenberg is reiterating a call for litigation reform nationally and at the state level to...
Next Insurance Funding Hits $881M After Latest $250M Round April 5, 2021 By Mark Hollmer Next Insurance raised $250 million in new venture financing – a major cash infusion after a year of acquisitions and...
Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’ March 19, 2021 By Mark Hollmer Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as...
E&O-Cyber Incidents Worsened in 2020: Aon March 10, 2021 By Mark Hollmer Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions. There were on...
Lemonade Eyes Sale of 3 Million Shares in Secondary Offering January 15, 2021 By Mark Hollmer Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate...