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At-Bay acquired the InsurTech marketplace in August 2020 for an undisclosed sum, noting that the platform would continue to operate as an independent entity.
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The 2023 Travelers Risk Index has put concern over cyber threats among the top three worries for small, medium-sized and large businesses for the ninth straight year.
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The news comes a few weeks after this publication revealed that UIB was in advanced discussions to take over local broker South Re.
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A number of the largest hurricanes have come post-peak, but the industry remains well capitalized.
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He will be responsible for oversight of all aspects of the practice and leading the firm's growth in the market.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Lara's plan, backed Thursday by an executive order from California Governor Gavin Newsom, repackages elements of a proposed bill that collapsed earlier this month.
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Ryan Powers will report to QBE NA president of commercial insurance Mike Foley.
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The transaction includes the full operations, including underwriting, loss control and claims, along with transfer of the employees supporting the business.
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Performance overall has been good, but there have been insurance M&A missteps and its share price has lagged.
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Rating agency cites elevated underwriting results from convective storms, cat events in core states of operation.
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