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Elsewhere, Markel launched FintechRisk+, an insurance policy tailored for fintech companies. This policy offers comprehensive coverage, including financial services and technology liability, directors and officers (D&O) liability, theft, and cyber protection, with limits up to $20 million.
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[ad_1] “The sale of Interboro formally completes our strategic transformation into a specialty insurer focused on underwriting commercial residential property insurance,” said Brad Martz, president and CEO of American Coastal. “All of our capital and human resources are now fully focused on our core business.” [ad_2] Source link
[ad_1] The home construction industry is full of opportunity and risk. A project can go off track in many ways, from property damage and worker injuries to construction defects and vehicle accidents. That’s why a strong insurance program is one of your most essential tools on the jobsite, as it’s critical for protecting your business…
[ad_1] The IBERIA region posted a net result of €121 million, up 65.6% year-on-year, with a combined ratio of 95.6%. The company cited performance in the auto segment as a major factor in this regional outcome. In North America, MAPFRE reported a profit of €30 million, up 94.3%, continuing the region’s recent trend of improved…
[ad_1] If you’re a parent of a new driver, you’re probably feeling a mix of emotions: pride, excitement, and—if we’re being honest—a whole lot of worry. Will they drive safely? What if they get distracted? And how much is this going to raise our insurance premiums? These are completely valid concerns, especially during the first…
[ad_1] Nearly 1,500 reports of severe storms were recorded between April 2 and 7 [ad_2] Source link
[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…
