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Insurance
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, 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
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 (Penn Mutual) has appointed Teresa Fitzgerald as the new managing partner of Lakeshore Wealth Strategies, its Chicago agency. 16 October 2019
Insurance
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 Group (RSG) has acquired the assets and operations of The Suitelife, from Venture Insurance Programs. 16 October 2019
Insurance
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, 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
Insurance
IAT Insurance Group, a provider of specialty property and casualty products, is expanding its product offerings with the formation of a new management liability business unit. It will be led by John Passaro who brings more than 28 years of experience in the insurance industry, including extensive experience with management and professional lines. 16 October 2019
Insurance
The Hartford, a US specialist in property and casualty insurance, group benefits and mutual funds, has launched the next generation of its Spectrum business owner’s policy (BOP) that delivers tailored insurance coverage recommendations, real-time, transparent pricing and simplified coverage explanations. 16 October 2019
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