A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as deal-hungry Chief Executive Officer Oliver Baete …
Pie Insurance Launches Workers’ Comp Coverage for Small Businesses in 7 States Pie Insurance announced it has begun selling workers’ compensation insurance policies online, directly to small businesses in Arizona, Colorado, Georgia, Illinois, Louisiana, Tennessee, and Texas. Small business owners …
People Power Develops White-Label IoT Solutions for Insurers People Power, the Internet of Things (IoT) software company providing white-label solutions for home security, energy and care, announced an accelerated development initiative to refine the company’s leading IoT products for insurers. …
Ascot to Acquire Greyhawk Insurance Company Ascot US Holding Corporation announced the acquisition of Greyhawk Insurance Company, and its wholly owned subsidiary Greyhawk Specialty Insurance Company (“Greyhawk Specialty”). Greyhawk is a Colorado domiciled admitted lines insurer and has been in …
Lemonade Launches World’s First ‘Open Source’ Insurance Policy Lemonade, the insurance company powered by artificial intelligence and behavioral economics, announced it has rewritten the generations-old insurance policy. The new insurance policy, called Policy 2.0, will be open for edits from …
RMS Releases New Japan Earthquake and Tsunami High Definition Model Global risk modeling and analytics firm RMS announced the release of its new Japan Earthquake and Tsunami High Definition (HD) model. RMS collaborated with local experts, scientific agencies and insurers …
Madison, Wisconsin-based American Family Insurance group and Florida-based The Main Street America Group will pursue a merger, according to an announcement released last week. Approved by the companies’ boards of directors, the merger will improve diversity of risk, promote growth …
TrueMotion, INRIX Partner to Deliver Contextual Driving Data to Insurers TrueMotion, the leading platform for smartphone telematics, announced a strategic partnership with INRIX, the global leader in connected car services and transportation analytics, to provide contextual driving data to auto …
Sedgwick has finalized the purchase of global loss adjusting, claims management and risk solutions firm Cunningham Lindsey and its subsidiaries. The combined organization—including the subsidiaries of Sedgwick, Vericlaim and Cunningham Lindsey, with select exceptions—will move toward operating globally under the …
Arizona’s First Collision Reporting Center Set to Open in Tucson Accident Support Services International Ltd. announced that it will open its first Arizona Collision Reporting Center, the second in the U.S., in Tucson, May 2018. Accident Support Services International Ltd., …