Articles
Insurance
Activist investor Voce Capital Management has withdrawn its controversial board nominations ahead of insurer Argo’s annual general meeting after official state approval was revoked. 22 May 2019
Insurance
Seven insurance firms have joined the property and casualty sector of The Institutes RiskStream Collaborative, an organisation testing blockchain-based applications, including a proof of insurance, and a first notice of loss data-sharing process. 22 May 2019
Insurance
Munich Re Life has appointed Quentin Marsh as new chief financial officer (CFO) of US life and health. 22 May 2019
Insurance
Canada-based Fairfax Financial Holdings, the property and casualty re/insurance conglomerate which includes OdysseyRe, Allied World and Brit, has appointed John Varnell to serve as its chief financial officer (CFO) on an interim basis following the sudden and unexpected death of David Bonham this past weekend. 22 May 2019
Insurance
US personal auto insurer Safe Auto Insurance Group has filed for an initial public offering (IPO) of its common shares to raise up to $50 million. 21 May 2019
Insurance
The Cayman Islands-based reinsurer Greenlight Re's insurtech unit has made a strategic investment in an online insurance and consumer dispute resolution start-up FairClaims. 20 May 2019
Insurance
Chicago-based insurtech Snapsheet, a provider of virtual claims technology for the personal and commercial insurance marketplace, has secured $29 million in Series E funding for global expansion. 20 May 2019
Insurance
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl. 17 May 2019
Insurance
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group. 17 May 2019
Insurance
DataCubes, an automation platform for commercial P&C underwriting, has partnered with Synergy Coverage Solutions, a niche workers’ compensation MGA operating primarily in the Southeast and Midwest. 17 May 2019
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