Operations/tech
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The group will house a segment for specialty and benefits and another for underwriting. -
HCI will now consist of two operating units – the other being its four underwriting entities.
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Technology is key to streamlining the value chain and mitigating loss ratios.
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A quick roundup of our best journalism for the week.
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The board will lead the review following feedback from shareholders including activist investor Jana.
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The carrier’s US platform will continue to be led by long-time executive Sal Pollaro.
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In October, this publication revealed that the carrier had resumed IPO preparations.
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The firm laid off senior leaders this month, weeks after it began pursuing a sale, this publication can reveal.
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The broker will be using Verisk US agricultural risk models.
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The cyber solution is backed by Mosaic, Chubb and Liberty Specialty Markets.
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The insurer will move its Atlanta-area assets to a new "innovation hub".
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The chief executive will also receive a yearly bonus of 200% of base salary.
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