All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
The Hanover Insurance Group names new COO
Richard W. Lavey will continue to oversee his existing responsibilities, which include leading the personal lines and core commercial sectors.
K2 Insurance Services unveils MGA focused on SMB cyber cover
K2 Cyber offers Intelligent Cyber Insurance, leveraging “continuous risk engineering”, prevention and mitigation solutions.
Verisk snaps up Nasdaq subsidiary Simplitium
Simplitium operates NRMC, a SaaS platform that supports an open ecosystem where specialised model partners provide models, hazard data and analytics.
Marsh McLennan Agency buys Arthur Hall Insurance
Established in 1966, Arthur Hall offers commercial and personal lines insurance in the US.
Willis, The Nature Conservancy unveil wildfire resilience insurance
The policy, structured by Willis, is tailored for Californian private homeowners’ body the Tahoe Donner Association.
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Insurtech company FurtherAI secures $5m in funding
With the new capital, the company aims to expand into the UK market and further its goal of reducing expense ratios by 50%.
Rokstone seals five-year capacity deal with Allianz
The tie-up aims to enhance programmes and explore new opportunities through Rokstone’s MGA platform.
Shift Technology launches network for claims data exchange
The network allows policyholders with a history of “suspicious behaviour” across multiple carriers to be identified.
American Coastal Insurance concludes sale of Interboro to Forza
This move marks American Coastal’s exit from the personal lines insurance market to focus on its commercial specialty property portfolio.
Insurance company Equal Parts launches with $10m acquisition capital
The company aims to acquire agencies generating less than $5m in revenue, providing them with AI tools to streamline back-office operations.