Articles

Insurance

CCRIF welcomes Guatemala to the facility as its third Central American member.

CCRIF SPC, a segregated portfolio company, owned, operated and registered in the Caribbean has welcomed the Government of Guatemala to the facility as its third Central American member.   17 October 2019

Insurance

Dorian and Faxai combine to push Everest Re to $280 million loss

Hurricane Dorian and Typhoon Faxai combined to push Everest Re Group to an estimated pre-tax catastrophe loss of $280 million.   16 October 2019

Insurance

Verifly secures $22M funding from IAC, rebrands and expands to become Thimble

Verifly, the first and only platform to offer short-term liability coverage for small businesses and independent workers, has expanded and rebranded to become Thimble, supported by $22 million in Series A funding.   16 October 2019

Insurance

Quantemplate closes $12 million+ funding round to provide insurers with disruptive automated data solutions

Quantemplate, a provider of self-service, cloud-based automated data solutions for the re/insurance industry, has closed on more than $12 million in a recent funding round led by Route Sixty-Six Ventures and Transamerica Ventures, with participation from Anthemis Group, Allianz X, and Insight Catastrophe Group.   16 October 2019

Insurance

The Hilb Group strengthens transportation practice with acquisition of Campisano Insurance Agency

Insurance agency The Hilb Group (THG) has acquired New Jersey-based LCIA, Inc. DBA Campisano Insurance Agency (LCIA).   16 October 2019

Insurance

The Penn Mutual Life Insurance Company appoints Teresa Fitzgerald new managing partner of Lakeshore Wealth Strategies

The Penn Mutual Life Insurance Company (Penn Mutual) has appointed Teresa Fitzgerald as the new managing partner of Lakeshore Wealth Strategies, its Chicago agency.   16 October 2019

Insurance

Life Insurance Settlement Association to encourage legislation that protects consumer right to sell life insurance policy

The Life Insurance Settlement Association (LISA), the oldest and largest trade association representing members of the life settlement industry, rolled out an aggressive strategy for encouraging legislation that protects a consumer’s right to sell a life insurance policy at its 25th Annual Fall Life Settlement & Compliance Conference this week. It also announced its new board of directors.   16 October 2019

Insurance

Ryan Specialty completes acquisition of The Suitelife

Ryan Specialty Group (RSG) has acquired the assets and operations of The Suitelife, from Venture Insurance Programs.   16 October 2019

Insurance

Great American Insurance Group launches streamlined cyber product for small and medium-sized businesses

Property and casualty insurer Great American Insurance Group has launched a new admitted cyber risk insurance product, the Risk e-Business Cyber Loss & Liability Insurance Policy. With two insuring agreements and only 13 exclusions, it aims to make cyber coverage simple.   16 October 2019

Insurance

Cowbell Cyber appoints David Miles and Varun Badhwar to board

Cowbell Cyber, a start-up focused on artificial intelligence (AI)-powered cyber insurance for small to mid-sized enterprises, has appointed David Miles, co-founder and managing partner at ManchesterStory Group and Varun Badhwar, senior vice president of products, Prisma cloud, at Palo Alto Networks, to its board of directors.   16 October 2019

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