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Rebranded and refocused, Cotality tackles wildfire and hail risks
[ad_1] It is making big moves in climate risk tech [ad_2] Source link
Embedded insurance chosen as future of personal lines – survey
[ad_1] “For instance, travel insurance can be offered during a flight booking, motor insurance when selling a car, or gadget insurance with electronic goods. In fact, this model allows insurers to reach customers who were otherwise not seeking to take out a policy,” Benito said. [ad_2] Source link
Reorganization plan approved by Mutual of Omaha board
[ad_1] “It is important to understand that this is not a demutualization or a step toward demutualization, and there is no plan to issue stock or to bring in external shareholders,” the company said. “While a mutual holding company structure provides access to new and more economical debt markets, we are not required to access…
Colorado insurers plan major coverage reductions
[ad_1] State regulators warn of sharp premium increases [ad_2] Source link
Leaders Life Insurance joins Truss Peak
[ad_1] Truss Peak specializes in reinsurance and acquisitions within the life insurance sector. The firm provides services such as asset management, operations, actuarial consulting, sales, and accounting to companies undergoing structural transitions. It is backed by South Summit Capital Management LLC, a private capital single-family office, and Thayer Street Partners, a New York-based investment firm. …
Minnesota moves to regulate peer-to-peer car sharing, impacting insurance industry
[ad_1] The bill, H.F. No. 2752, defines key operational terms for P2P car-sharing services, clarifying the legal distinctions between car-sharing and traditional rental services. Unlike traditional car rentals, peer-to-peer car-sharing allows private vehicle owners to rent their cars to others via online platforms. By excluding P2P car-sharing agreements from the legal definition of vehicle rentals,…