Insurtech
The insurtech sector is well-positioned despite second-quarter data showing a year-over-year decline in funding, but companies may need to refine their strategies, according to speakers and attendees at the InsureTech Connect conference in Las Vegas last week.
The insurtech sector is well-positioned despite second-quarter data showing a year-over-year decline in funding, but companies may need to refine their strategies, according to speakers and attendees at the InsureTech Connect conference in Las Vegas last week.
An insurtech revolution that started with intentions to wrest business from long-standing incumbents has morphed into more of a collaboration between technology upstarts and established companies.
An insurtech revolution that started with intentions to wrest business from long-standing incumbents has morphed into more of a collaboration between technology upstarts and established companies.
Pie Insurance, an insurtech specializing in workers compensation insurance for small businesses, said Wednesday it raised $315 million from investors to fund its growth and expansion into new lines of business.
Growth and change were key topics of discussion Tuesday morning at the 2022 InsureTech Connect conference, as speakers mused about the ways technology has influenced the commercial insurance sector.
Growth and change were key topics of discussion Tuesday morning at the 2022 InsureTech Connect conference, as speakers mused about the ways technology has influenced the commercial insurance sector.
Bermuda-based insurer and reinsurer SiriusPoint Ltd. said Wednesday it has teamed with Insurate, a newly launched insurtech managing general agent to offer workers compensation insurance to companies with above-average safety performance.
Bermuda-based insurer and reinsurer SiriusPoint Ltd. said Wednesday it has teamed with Insurate, a newly launched insurtech managing general agent to offer workers compensation insurance to companies with above-average safety performance.
Pie Insurance, an insurtech specializing in workers compensation insurance for small businesses, said Wednesday it raised $315 million from investors to fund its growth and expansion into new lines of business.
Core Specialty Insurance Holdings Inc. said Tuesday it will provide directors and officers liability, employment practices liability and fiduciary excess liability coverages through an arrangement with insurtech AllDigital Specialty.
Core Specialty Insurance Holdings Inc. said Tuesday it will provide directors and officers liability, employment practices liability and fiduciary excess liability coverages through an arrangement with insurtech AllDigital Specialty.
Acrisure Inc. said Monday it has acquired B2Z Insurance, a digital platform that places coverage for small businesses.
Acrisure Inc. said Monday it has acquired B2Z Insurance, a digital platform that places coverage for small businesses.
Boost Insurance announced Monday the appointment of Emy Donavan as chief underwriting officer.
Boost Insurance announced Monday the appointment of Emy Donavan as chief underwriting officer.
John Mina joined the insurance industry as a broker in 1986 and spent much of his career at Willis Towers Watson PLC and its predecessor companies before joining Boston-based brokerage Risk Strategies Co. as president in 2017.
The term insurtech is used to describe organizations of many types, including so-called full-stack insurtechs, which underwrite and distribute their own insurance products through a technology platform, and other, lower-profile companies that focus on enhancing the operations of existing insurers and brokers.
The term insurtech is used to describe organizations of many types, including so-called full-stack insurtechs, which underwrite and distribute their own insurance products through a technology platform, and other, lower-profile companies that focus on enhancing the operations of existing insurers and brokers.
Erie Insurance Group said Thursday it has launched Erie Strategic Ventures, a technology investment fund meant to ultimately bolster the operations of its parent insurer.
Erie Insurance Group said Thursday it has launched Erie Strategic Ventures, a technology investment fund meant to ultimately bolster the operations of its parent insurer.
Coalition Inc., a managing general agent specializing in cyber risk, said Monday it has completed its acquisition of Digital Affect Insurance Co. from Munich Re Digital Partners U.S. Holding Corp.
Coalition Inc., a managing general agent specializing in cyber risk, said Monday it has completed its acquisition of Digital Affect Insurance Co. from Munich Re Digital Partners U.S. Holding Corp.