-
The InsurTech founder said Cowbell Re would allow the MGA to capture upside in underwriting results, while also serving as an additional capacity source.
-
The company said on Wednesday that current market pricing for the planned IPO doesn’t reflect the InsurTech’s value.
-
The expansion will come in addition to the E&S products that the company already offers in 28 states across the US and Washington DC.
-
If the vote is successful and all closing requirements are satisfied, the combined company will be named Kin insurance and is expected to be listed on the NYSE under the ticker symbol “KI”.
-
The InsurTech will now broaden its data, analytics and risk exchange services to new partners in lines beyond the SME space.
-
The InsurTech is the latest MGA to begin assuming risk, following similar moves by rivals Coalition and Corvus, in what is likely to be a step in its evolution towards becoming a full-stack carrier.
-
The partnership should allow Hippo to expand its commercial lines HOA product into new markets.
-
Inside P&C’s news team runs you through the key developments from the last week.
-
The departure comes after the InsurTech announced sweeping changes to its executive ranks in June.
-
With a focus on climate change, IA Capital counted three clean energy and climate-linked risk management InsurTechs among its 2021 investments.
-
Edmundson said that Corvus would go public when it's large and stable enough to warrant a public base of shareholders.
-
With this deal, Corvus said it becomes the first cyber InsurTech to acquire a London underwriting platform.