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Nirvana aims to use telematics data to help trucking fleets mitigate risk, improve driver performance, and simply the trucking insurance process.
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The deal expands Travelers' personal lines segment, with Trov’s team providing technology solutions to the unit.
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InsurTech MGA Parametrix has hired Rick Wong as its new head of insurance to lead the company’s broker relations and the development of its broker channel based in California.
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The amount transacted marks a significant increase from the $2.2m in gross premium, and the $15mn in notional risk transacted in 2020.
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Prior to joining Boxx, Phil Baker headed Beazley Canada, where he served as board chairman and head of broker relations.
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After the retirement of Scott Stephenson, who has led Verisk since 2013, the company will separate its chair and CEO roles.
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Doma’s topline grew in Q4 2021 by 17% to $138mn while adjusted EBITDA fell to negative $36mn from negative $3mn in Q4 2020.
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The CEO of early-stage InsurTech agency start-up informed said the focus must shift now to true franchise-building.
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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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In his new role, Petrone will oversee the strategic deployment of insurance operations and underwriting resources to drive growth.
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New offerings within its platform include cloud management of property data, AI-driven geo-coding, COPE, and cat-risk data, data insights and benchmarking.
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The Buenos Aires, Argentina-based InsurTech will use the fresh funds to finance growth initiatives across the continent.