insurance solutions - FinTecBuzz

Rhino Announces Strategic Partnership with AmTrust Financial

August 1, 20223 min

Rhino, the leading real estate technology company and pioneer of security deposit insurance, announced today its partnership with AmTrust Financial to provide an additional $60 million in premium-writing capacity for its core product offering. AmTrust Financial, an international property and casualty insurer, will join Rhino’s existing panel of industry-leading insurance carriers and reinsurers, bringing Rhino’s total premium-writing capacity to over $200 million. Rhino’s partnership with AmTrust Financial will further enhance the company’s capacity to support the rapid growth...

by BusinessWire

Insurance

Embedded Insurance Platform Mulberri Raises $4M Seed

July 29, 20225 min

Mulberri, the business insurance platform for modern PEOs and brokers, announced it has raised a $4 million Series Seed led by a consortium that includes Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partners (via insurance enterprises in its portfolio). A shared platform that makes business insurance easier to access and manage, Mulberri will use the funding to continue to expand its infrastructure and data modeling to help make business insurance more simple, efficient, and...

by PRNewswire

Insurance

AXA XL promotes Chris Lee to Head, E&S property insurance business

July 29, 20223 min

AXA XL has promoted Christopher Lee to lead its Excess & Surplus property insurance business. Based in New York, he reports to Michele Sansone, Chief Underwriting Officer for AXA XL’s Property business in the Americas. According to Ms. Sansone, “Especially given current insurance market conditions and pricing, more businesses are turning to E&S insurers, like AXA XL, to address property risks that other insurers may shy away from. We’ve built a strong market reputation for addressing complex property risks because of...

by PRNewswire

Insurance

PCF Insurance Acquires Ohio-Based Zinc Insurance

July 28, 20223 min

PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, announced today its acquisition of Zinc, a commercial-focused insurance agency based in Solon, Ohio. Founded in 2008, Zinc specializes in insurance and risk management solutions for the trucking, construction, contracting, and motorsports industries. “We are excited to have Zinc join PCF as an Agency Partner,” said Peter C. Foy, Chairman, Founder and CEO of PCF Insurance. “Zinc is based on an innovative, technology-driven business model providing...

by PRNewswire

Insurance

Ascend Announces First AMS Integration With NowCerts

July 27, 20225 min

The insurtech duo is bringing the best of payments and premium financing into one system for agents

by PRNewswire

Insurance

Allcat Claims Service adds Ramon Lopez as COO

July 26, 20224 min

Allcat Claims Service (“Allcat”) is pleased to announce the appointment of Ramon Lopez as Chief Operating Officer effective July 18, 2022. Mr. Lopez joins Allcat Claims following 18 years of service to USAA where he most recently served as their Interim Chief Claims Officer. Prior to this appointment, he was the Head of Auto claims, leading a team of 4,500 employees who were externally recognized for demonstrating superior service and producing best in class digital claims experiences. Mr. Lopez...

by PRNewswire

Insurance

Resilience Drives International Growth with Senior Appointments

July 26, 20228 min

Resilience, which provides cyber insurance and security solutions to mid-market enterprises to help them holistically evaluate, manage, and quantify their cyber risk, continues its global expansion in the UK and Europe with five senior executive appointments: Jack Jenner, International Head of Distribution and Strategy Rehan Hussain, Head of Underwriting, Europe, UK, and Lloyd’s of London Tom Ryan, Lead Underwriter, UK Tom Egglestone, International Claims Leader, UK and Europe Simon West, Cyber Advisory Lead “Our new hires’ extensive experience and relationships...

by BusinessWire

Insurance

Virtus merges with Kemmons Wilson Insurance Group

July 25, 20223 min

Virtus LLC, a Kansas City-based insurance brokerage and consulting firm, today announced a partnership with Kemmons Wilson Insurance Group LLC (“KWIG”), a Memphis-based agency focused on the hotel, hospitality and lodging sector. The addition of KWIG will supplement the existing industry specialization strategy Virtus has established in the real estate, private equity, construction and restaurant sectors. “We are very excited to join forces with Virtus. For several years, we have watched and admired their growth...

by BusinessWire

Insurance

Inszone Insurance Services Acquires B-W Insurance Agency, LLC

July 25, 20222 min

Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, announced today the acquisition of B-W Insurance Agency, LLC. B-W Insurance was founded in 1984 by Bev Watenpaugh who entered the insurance industry after a successful professional career operating her own preschool. The agency was created to provide needed insurance for the more difficult driver and property owners. With the addition of husband Gene Watenpaugh and daughter and current owner...

by FTB News Desk

In-House Features

Top Trends in the Insurance Industry 2022

July 22, 20228 min

The insurance industry has been undergoing a constant transformation driven by competitive pressures. What are the key trends expected to take over the landscape?

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