Nationwide
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Johnston’s arrival fills a gap left by the exit of Tom Clark from the $4bn unit. -
The move is a vote of confidence in the mutual insurance giant’s corporate venture arm.
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The carrier says it will streamline systems integration and cut costs for companies looking to work with the insurer.
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Largest insureds scale back on purchasing in response to tough casualty pricing.
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Hover uses computer visualization and machine learning to appraise home repair costs.
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DiBattista will be based in New York and report to Tom Jurgens, senior vice president of Nationwide E&S/Specialty.
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Clark was involved with initiatives including Nationwide’s acquisition of the MGA E-Risk and the launch of Geneva Re with Ryan Specialty Group.
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The mutual insurer is concentrating its physical operations in Ohio, Arizona, New York, Iowa and Texas.
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The MGA, based in Fort Lauderdale, Florida, will write up to $40mn in physical damage and liability insurance for boaters.
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Pamela Alphabet joins Burns & Wilcox from Nationwide’s private client division.
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Woods is tasked with setting up a new national transportation practice group at the wholesaler and MGA.
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Under the deal, 1mn auto insurance customers can receive Amazon voice recognition devices.
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