Everspan Group Acquires Three Admitted Insurance Carriers
January 4, 20222 min
Everspan completes its first year of operations with an established framework for its specialty property and casualty platform
InsurTech Carrot Continues On Its Explosive Growth Trajectory
December 27, 20214 min
Carrot's unprecedented track record attracts interests from potential investors
Holiday Travelers Can Still Buy Travel Insurance
December 20, 20219 min
Covid-19 cases and hospitalizations are once again spiking across the country due, in part, to the highly contagious Omicron variant. Timing isn’t great, as holiday travel begins to ramp up. Infectious disease official, Dr. Anthony Fauci says, Americans who are vaccinated and boosted can proceed with their holiday travel plans. However, many Americans, vaccinated or not, may still be concerned about travel. For this reason, the experts at InsureMyTrip recommends purchasing travel insurance. While you’ll have access to the most benefits when purchasing travel insurance...
Amwins Releases Updated Pricing Guidance for Q1 2022
December 17, 20212 min
Amwins, a global distributor of specialty insurance products and services, today announced the release of a new Q1 2022 Pricing Guide, providing an update to rate, capacity and trends across key industries. “The market continues to respond to the changing business landscape,” says James Drinkwater, president of Amwins and Amwins Brokerage. “Many lines of business have seen changes since our last State of the Market, and we believe such a quickly evolving marketplace merits a brief...
Life Insurance Insurtech Pendella Selected As Top 10 Startup
December 16, 20213 min
Pendella Technologies, a fast-growing technology company on a mission to take the bias out of life insurance, has been named a Top InsurTech Startup of 2021 by Insurance CIO Outlook. According to the publication, Pendella is one of 10 insurtech startups chosen this year by a distinguished panel of CEOs, CIOs, VCs, analysts and the Insurance CIO Outlook editorial board. Insurance CIO Outlook presented the winners, which also included prominent insurtechs Lemonade, Next Insurance and MetroMile, in its December...
High Street Insurance Partners Acquires GTA Insurance Group
December 14, 20212 min
High Street Insurance Partners (“HSIP”) announced today that it has acquired Nebraska-based GTA Insurance Group. GTA Insurance Group provides comprehensive insurance and risk management solutions across Nebraska. It has an extensive agricultural practice and offers business and personal insurance, as well as benefits. “We are thrilled to have GTA Insurance Group join HSIP,” said Scott Wick, CEO of HSIP. “This represents over 30 new offices across Nebraska, which greatly expands our footprint in communities across the Midwest. More importantly,...
Insurtech leader Exdion Solutions Wins Insurance Innovator Award
December 10, 20213 min
Exdion Solutions and its Exdion Policy Check product was cited by PropertyCasualty 360 as a Technology Innovator in its 2021 awards program. Exdion Policy Check is an AI powered solution for automated policy checking to mitigate insurance brokerage Errors & Omissions risk, customer dissatisfaction, and operational inefficiencies in real time. The Policy Check product is a part of Exdion Edge, the industry’s only comprehensive digital suite, that leverages AI, ML, NLP and various automation techniques...
Doug Bixby Joins Alliant Insurance Services
December 9, 20213 min
Alliant Insurance Services has announced that Doug Bixby has joined the company as Senior Vice President. In this role, Bixby will focus on providing management professional lines including product liability and clinical trials liability within the Healthcare, Life Sciences and FinTech sectors. “Doug’s vast expertise negotiating complex executive liability programs makes him a highly valued resource to clients throughout the Alliant platform,” said John Ludwig, Co-COO, Alliant Specialty. “In addition, Doug’s experience and extensive market relationships...
BRP Group, Inc. acquires Arcana Insurance Services
December 8, 20214 min
BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP) today announced that Millennial Specialty Insurance, LLC (“MSI”), an indirect subsidiary of BRP Group, has acquired substantially all of the assets of Arcana Insurance Services, LP (“Arcana”), a Dallas, Texas-based national insurance agency and program administrator, focused on better serving the real estate investor and property management markets. As a result of this Partnership, BRP Group’s nomenclature for a strategic acquisition, Arcana will bring to...