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The company launched quietly in Hungary just 12 months ago and has already sold over 300,000 policies, capturing 7% of the car insurance market and turning a profit. Its next moves are bold: Ominimo plans to enter Sweden and the Netherlands soon after Poland, and aims to expand into at least ten countries in the…
Gallagher and Hub announce latest deals
Wilkins & Associates, founded by Tom and Melanie Wilkins, provides commercial and personal insurance coverage to clients in Reno and western Nevada. Steve Wilkins, Jared Wilkins, and their team will join Gallagher and report to Scott Firestone, who oversees Gallagher’s Southwest region retail property/casualty brokerage operations. Source link
Argo Group appoints new chief executive officer
Industry and market outlook The leadership transition comes as Argo adapts to shifting industry dynamics, including regulatory changes, rising litigation costs, and evolving risks in the specialty insurance sector. With Donahue at the helm, the company is expected to continue refining its underwriting approach while seeking growth opportunities in niche markets. Source link
Travelers Indemnity defeats age discrimination suit as court dismisses appeal over arbitration
Yvonne Michaud, a veteran employee who had been with Travelers for roughly 45 years, resigned in May 2019 at the age of 69. In 2021, she filed a lawsuit claiming that the company had discriminated against her based on her age. Michaud said she’d been passed over for promotions, denied raises, and not compensated for…