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Insurance
California-based insurtech firm Trov has begun to roll out its on-demand insurance offering in the US a year after having received regulatory approval. 3 July 2018
Insurance
Billionaire investor David Einhorn told clients that his Greenlight Capital hedge fund, which manages the investments for reinsurer Greenlight Re, suffered fresh losses in June and has now dropped 18.3 percent this year, according to a Reuters report. 3 July 2018
Insurance
Marsh & McLennan Agency (MMA), a middle market agency subsidiary of Marsh, has acquired Rockville, Maryland-based Insurance Associates, an independent insurance agency specializing in the construction industry. 3 July 2018
Insurance
US personal lines insurer Allstate is expanding its partnership with Uber Technologies with a new commercial auto offering in the New York State. 2 July 2018
Insurance
Insurance broker Brown & Brown has acquired US-based Health Special Risk (HSR), a provider of third-party administration (TPA) and managing general underwriting (MGU) services for special risk and accident & health insurance. 2 July 2018
Insurance
Momentum for rate increases on loss-free reinsurance accounts dissipated during the June/July property catastrophe renewals, and in some cases, pricing declined, according to Willis Re. 2 July 2018
Insurance
Specialty re/insurer Brit has appointed Mark Richards as senior vice president, general liability for Brit Global Specialty USA (BGSU). He joins from Navigators Group. 2 July 2018
Insurance
Insurtech firm REIN has raised $7.3 million in venture funding and unveiled its first digital product for commercial drone operators, underwritten through Liberty Specialty Markets (LSM). 29 June 2018
Insurance
New York-based Assurant has finalised a $1.3 billion 2018 property catastrophe reinsurance programme reducing the company’s financial exposure and protecting 2.9 million homeowners and renters policyholders against severe weather and other hazards. 29 June 2018
Insurance
Privately held insurance broker Lockton recorded organic revenue growth in the US of 7.7 percent year on year in its recently completed fiscal year 2018. 29 June 2018
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