Articles

Insurance

QBE sells Farmers Union business to National General

Specialist insurer QBE North America is selling its Farmers Union Insurance business to National General Holdings as part of its strategy to reinforce focus on its core offerings and improve future earnings profile.   14 November 2018

Insurance

Antares partners with insurtech Concirrus to increase profitability at Lloyd's

Antares, a Lloyd’s managing agent and member of the QIC Group, has partnered with London-based insurtech Concirrus to drive data-driven underwriting at Lloyd’s.   14 November 2018

Insurance

Everest hires from OneBeacon, Starr for private/not-for-profit group

Everest Insurance has hired OneBeacon and Starr executives for its Everest Specialty Underwriters Private Company/Not-for-Profit group.   14 November 2018

Insurance

Insurtech Covr secures $10m funding from Allianz, other investors

Covr Financial Technologies, a Boise, Idaho-based digital life insurance platform, has raised $10 million in Series A funding from technology venture firms including Allianz Life Ventures.   28 September 2018

Insurance

US insurtech Broker Buddha launches new quoting platform for commercial insurers

Insurtech startup Broker Buddha has launched a new quoting platform for carriers, wholesalers and managing general agents (MGAs), in partnership with Dallas-based commercial insurance wholesaler Towerstone.   28 September 2018

Insurance

Aon: reinsurance ‘resilient’ despite unprecedented nat cat losses in 2018, 2017

Reinsurance sector earnings have remained buoyant in the face of unprecedented natural catastrophe losses over the past two years, Aon’s Reinsurance Aggregate (ARA) report has found.   1 May 2019

Insurance

Zurich makes $0.4bn Adira acquisition, becomes largest foreign P&C insurer in Indonesia

Zurich Insurance Group is acquiring 80 percent of PT Asuransi Adira Dinamika (Adira Insurance), a property and casualty (P&C) insurer in Indonesia, from PT Bank Danamon Indonesia and a minority investor.   27 September 2018

Insurance

Munich Re, XL, Sompo invest $20m in insurtech Slice

US-based insurtech Slice Labs, which offers cloud-based on-demand insurance, has raised an additional $20 million in Series A funding to further expand its offering on a global scale.   27 September 2018

Insurance

NFP expands benefits footprint with acquisition in southeast US

Insurance broker NFP has acquired US-based McLaughlin & Smoak (M&S) employee benefits broker to expand its benefits footprint in the Southeast region.   22 February 2017

Insurance

ANV appoints ex-Starr, Chubb exec as underwriting director

ANV Global Services, the managing general underwriter (MGU) owned by insurance group AmTrust Financial Services, has appointed James Pittinger to the role of underwriting director with immediate effect.   22 February 2017

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