-
The MGA started writing business in two states earlier this month and aims to be writing in 10 states by year-end.
-
A subsidiary of MS&AD Insurance Group has invested in the US small business insurer, not long after a funding round hiked its valuation to $4bn.
-
Wilson and Gabrik will report to Greg Murphy, executive vice president of North America.
-
The workers' compensation MGA also added Wolberg as an independent director.
-
A vote on July 29 is expected to be less nerve-racking than once predicted, with investor appetite warming on the prospect of InsurTech SPAC mergers.
-
The company writes business in Florida, Louisiana, and California, all hard homeowners’ markets hungry for capacity.
-
As part of expansion plans, Kin has also signed a stock purchase agreement to acquire an inactive insurance carrier that holds licenses in more than 40 states.
-
The excess capacity is backed by Arch Insurance Canada.
-
Other Berkshire Hathaway insurers will also experiment with the Zesty.ai tool, the Oakland, California-based InsurTech said.
-
Existing investors including State Farm Ventures, Formation8 and Brewer Lane Ventures also participated.
-
The company has named Heather Guntrum as chief customer officer and appointed vice presidents for marketing and product management.
-
The InsurTech is said to be in negotiations with blank check company PWP for a merger.