Teri Gendron named Chief Financial Officer of Markel Corporation

Markel Corporation (NYSE: MKL) announced today that Teri Gendron will become its next Chief Financial Officer effective March 20, 2023, succeeding Jeremy Noble who became President of Markel’s insurance operations earlier this year. Gendron comes to the role with a substantial track record leading high-performing finance organizations. Most recently, she was Chief Financial Officer of Jefferies Financial Group Inc., and she has also held senior finance positions at Gannett Co. and NII Holdings. She began her career at KPMG. “We knew...

Zurich Insurance leads SERIES B fundraise for BOXX Insurance

BOXX Insurance, the Toronto headquartered insurtech that combines cyber insurance and security, announced a US$14.4 million Series B funding round, bringing the total amount raised from investors to US$24.5 million in the last 16 months. The latest investment was led by global giant, Zurich Insurance Company Ltd (Zurich). BOXX also today announced that its business met its combined goal to grow 10x in the last 24 months whilst continuing to outperform its underwriting targets. Over 250,000 individuals and 10,000 businesses are protected by BOXX. “Our goal was always to help our customers...

COVU Leverages OpenAI to Streamline Insurance Agency Operations

COVU, the only all-in-one AI-enabled digital platform for insurance agencies, has released a new executive forecast on the industry shift toward using generative artificial intelligence (AI) tools to help insurance agencies streamline operations, customer service, and cross-selling opportunities. COVU is a pioneering insurtech startup that gives independent agencies comprehensive support and cutting-edge tools for managing the entire business and uncovering new revenue. COVU helps empower success in today’s dynamic market by giving agents access to...

Salt Financial and Franklin Templeton Announce Collaboration

Salt Financial has announced a collaboration with Franklin Templeton to develop a bespoke systematic strategies aimed at growing the Fixed Index Annuity (FIA) market, leveraging Salt’s patent-pending truVol® Risk Control Engine and Franklin Templeton’s more than seven decades of portfolio management expertise. By bringing together the complementary intellectual property of both firms, insurance companies can access a unique option that combines time-tested asset management experience with cutting-edge volatility control technology. The use of historical intraday data in truVol can...

HawkSoft Partners with Input 1

HawkSoft, an insurance technology provider of agency management systems, and Input 1, a leader of digital billing, payments, and premium finance solutions, announces a strategic partnership to enable premium collection functionality for HawkSoft agencies. For over 30 years, Input 1 has perfected its comprehensive billing and payments platform that simplifies the complexities of the entire premium collection lifecycle. Over 125 carriers, managing general agents, finance companies, and thousands of insurance agents use Input 1 services to bill and...

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