by PRNewswire
Markel appoints Jim Hinchley as Chief Retail Officer
Insurance

Markel appoints Jim Hinchley as Chief Retail Officer

October 22, 20242 min

Markel, the insurance operations within Markel Group Inc., announced that Jim Hinchley has been named Chief Retail Officer for Markel’s Specialty division. In this role, he will be responsible for leading Markel’s overall retail strategy, driving profitable growth in existing business, and addressing new areas for expanded growth within the retail channel. “We are excited to welcome Jim to Markel to oversee the strategic direction of our retail business,” said Alex Martin, President, Markel Specialty. “Jim’s broad-ranging experience...

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by PRNewswire
Synergetics.ai Named to Guidewire Insurtech Vanguards Program
Insurance

Synergetics.ai Named to Guidewire Insurtech Vanguards Program

October 17, 20243 min

Synergetics.ai, an agentic AI platform company, announced that the company has joined Guidewire’s Insurtech Vanguards program, an initiative led by property and casualty (P&C) cloud platform provider, Guidewire, to help insurers learn about the newest insurtechs and how to best leverage them. Synergetics.ai is excited to join the Insurtech Vanguards program, which offers the opportunity to work with leading insurers. Synergetics’ AgentWorks platform enables insurers to harness the power of agentic AI to help automate...

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by PRNewswire
King Risk Partners acquires Pearl Insurance Agency
Insurance

King Risk Partners acquires Pearl Insurance Agency

October 16, 20243 min

King Risk Partners, a major insurance broker in the United States, is excited to announce the acquisition of Pearl Insurance Agency, Inc, a highly successful firm located in Cranford, New Jersey. This acquisition expands King Risk Partners’ reach into the New Jersey market with a focus on commercial insurance. For over 30 years, Pearl Insurance Agency, Inc. has a built solid track record for providing specialty insurance solutions for importers, exporters, marine cargo, wholesalers, and distributors in New Jersey. The...

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by BusinessWire
COVU Secures an Additional $12.5 Million in Series A Funding
Insurance

COVU Secures an Additional $12.5 Million in Series A Funding

October 11, 20246 min

COVU, Inc., a leader in AI-native services for insurance agencies, announced the successful completion of $12.5 million in equity and debt financing, as part of the first tranche of its Series A funding round. This brings total funding to date to over $20 million. The funding round attracted investment from prominent investors including Benhamou Global Ventures, ManchesterStory, and Markd, with participation from existing and new investors, showing strong backing for COVU’s mission to empower insurance agencies with cutting-edge...

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