Two Firms Merging to Capitalize on Embedded Insurance Demand July 19, 2021 Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and...
Small Delaware Town Triples Police Liability Insurance July 19, 2021 A small Delaware town has opted to triple its police department’s liability insurance, noting a rise in civil rights lawsuits....
The Hilb Group Builds Virginia Presence with Six July Acquisitions July 19, 2021 By Elizabeth Blosfield The Hilb Group (THG) is building its presence in its home state with six acquisitions of Virginia-based agencies so far...
China Plans to Sell Controlling Stake of Revamped Anbang (Now Called Dajia) for $5.2B July 19, 2021 Two Chinese state investors plan to sell a combined 98.78% of their stakes in Dajia Insurance Group, the revamped entity...
TransRe Reorganizes Global Underwriting Structure, Promoting Key Leaders July 19, 2021 TransRe has reorganized its global underwriting structure and promoted key leaders in the areas of Regional Markets, North America, Global...
Kin Insurance Sees Shark Tank SPAC Deal as Way to ‘Pour Gas on’ Expansion July 19, 2021 By Gillian Tan Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through...
Zego, Supported by Swiss Re, Teams Up with bp to Insure Electric Vehicles in London July 19, 2021 Commercial motor insurer Zego, with support from Swiss Re, has teamed up with bp, an integrated energy company, to provide...
Number of Women on Boards of UK’s Top Financial Firms Rises to 32%: Report July 19, 2021 By Simon Jessop The proportion of women on the board at 200 of Britain’s top financial firms has risen to nearly a third...
Death Toll from European Floods Rises Above 180 July 19, 2021 By Geir Moulson The death toll from flooding in Western Europe climbed above 180 on Sunday after rescue workers dug deeper into debris...
S. African Riot Insurer to Shoulder Bulk of Claims After Days of Violent Civil Unrest July 19, 2021 By Roxanne Henderson and Khuleko Siwele As calm begins to return to South Africa following days of violent riots that caused billions of rand in damage,...