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It is how commercial lines carriers execute their underwriting strategies, not what lines they write that is key to profitable growth for top performers, according to new research from McKinsey. A ...
Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs), announced on July 26 that it has closed a $60 million Series C equity investment from Zurich Insurance Group, a ...
When Progressive's chief executive officer weighed the words that should go into the management discussion section of the company's first-quarter 10-Q report, she considered two possibilities to ...
A new study finds that nearly two-thirds (62 percent) of multinational companies aim to grow their presence in a similar number of markets as they did in 2023, and a third (35 percent) plan to expand ...
At 40 years old, Rajesh Krishnan sat in a Baltimore intensive care unit, recovering from a brain aneurism and a stroke. His solution-oriented mind had driven him to academic and insurance industry ...
InsurTechs Betterview and EagleView announced a strategic alliance. EagleView's aerial imagery will be integrated into Betterview's property intelligence platform to help insurers better understand a ...
Analysis of a 2022 survey, conducted by McKinsey, finds that while new insurance business avenues can have significant impact on enterprise value, many insurers struggle to build and scale them. ...
During an investor conference last week, Progressive's leader revealed some subtle wording changes to the company's purpose and vision. Unchanged, however, are four pillars of Progressive's strategy, ...
Brit Ltd. announced the renewal and planned expansion of its leading cyber consortium, Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical damage ...
When Allstate's chief executive officer looks at potential growth opportunities for personal lines insurers, he sees an untapped part of the homeowners insurance market—customers that will buy home ...
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