All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Baldwin subsidiary to buy Hippo’s homebuilder distribution network  

The acquired network generated revenues of approximately $29.2m in the most recent trailing 12-month period. 

Samsung Fire & Marine Insurance raises stake in Canopius  

This marks SFMI’s third investment in the Canopius Group, with initial investments in 2019 and 2020. 

Bolt integrates Arch Insurance’s travel plan into distribution platform  

The tie-up uses bolt’s technological infrastructure and distribution network and Arch Insurance’s expertise in travel insurance. 

Cogitate and Xceedance team up to launch Colorado FAIR Plan 

The plan was established to provide property insurance access in areas of Colorado at high risk from wildfires and hail. 

Pool Re taps Clearwater Analytics to support investment operations 

The implementation will provide scenario and shock analysis for risk assessment and support data-driven decision-making. 

Markel rolls out new insurance product for insurtech companies

The product offers protection for businesses domiciled in the UK, Europe, Australia, Asia and Canada, with limits up to £10m ($13.55m).  

Hub launches new insurance product for Canada’s forestry industry  

The insurance targets forestry contractors, sawmills, manufacturers, and businesses managing access roads or powerline clearing. 

The Standard expands tie-up with HCLTech to integrate AI  

The move is aimed at expediting the transition to a product and service-based IT operating model. 

Vantage names new chief claims officer 

Jim Gunson will oversee claims strategy and report to Alex Blanco, CEO of Insurance.  

Applied Systems to withdraw broker management system in UK 

The decision comes as the company faces “complex” product requirements and stiff competition in the UK’s commercial lines segment.