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New York-based Oscar Health, a technology-focused health insurance company, has announced its plans to expand into six new markets across Florida, Arizona, and Michigan — and three additional large metro areas in Ohio, Tennessee, and Texas. 22 June 2018
Insurance
AmTrust Financial Services stockholders have, at a special meeting held today, June 21, 2018, approved the proposed amended merger transaction which will take the insurer specialized in the coverage for small businesses private. 21 June 2018
Insurance
Property/casualty (P&C) CEO bonus payments increased to 393 percent of salary in 2017 from 225 percent of salary in 2016, according to a study by consulting firm Compensation Advisory Partners (CAP). 20 June 2018
Insurance
Run-off specialist Enstar Group is pondering a sale of Atrium Underwriting, which writes business through Lloyd’s syndicate 209, and StarStone Insurance, its speciality insurance unit with a global presence. 19 June 2018
Insurance
Barbican Insurance Group has appointed Lauren Webb as a class underwriter for cyber within Lloyd’s Syndicate 1955. She joins from property/casualty insurer Chubb. 19 June 2018
Insurance
Lloyd’s Lab, the global insurance market’s new innovation accelerator, has launched a global search for what it describes as tech talent to partner with the Lloyd’s market and develop solutions for its unique and rapidly changing needs, in a fast-track, fast-fail environment. 19 June 2018
Insurance
Viva Republica, a South Korean fintech startup that developed financial services app Toss, has secured a $40 million round of funding from Singapore-based investment firm GIC and Sequoia China. 19 June 2018
Insurance
Re/insurer XL Catlin has entered into an underwriting agreement with a new insurtech-focused programme administrator Bamboo Insurance to provide property insurance in California. 19 June 2018
Insurance
Crawford & Company, a provider of claims management solutions, has sold its legal administrative services unit Garden City Group (GCG) to legal services company Epiq. 19 June 2018
Insurance
Insurance brokerage and risk management firm Risk Strategies has acquired California-based employee consulting and benefits brokerage Craford Benefit Consultants. The deal expands its geographic footprint and builds expertise in complex cases and financial modelling. 19 June 2018
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