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The Penn Mutual Life Insurance Company | November 25, 2022

The Penn Mutual Life Insurance Company (Penn Mutual), a Fortune 1000 company, is pleased to announce that the company has maintained its dividend scale for 2023 and the Board of Trustees has approved a record $163 million payout to eligible policyholders in 2023. Dividends are a key measure of a mutual company's performance and Penn Mutual has consistently paid dividends to eligible policyholders for nearly 175 years. This announcement extends the company's long track reco...

Insurance Technology

Topa Insurance Group | December 10, 2021

Lighthouse, the Los Angeles-based software for landlords and tenants, announced a new partnership with Topa Insurance Company to offer security deposit insurance. The partnership marks a significant step for Lighthouse into the insurtech space, making them a licensed insurance provider. My Lighthouse is rolling out this product in response to rising inflation and skyrocketing rental prices. Security deposit insurance will replace the need for high sum security cash deposit, result...

Marsh | June 08, 2020

Marsh announced the launch of Marsh deliveryPRO that enables businesses to meet the increased demand for same-day delivery of their products more efficiently. Marsh has collaborated with AXA XL and mobility data and analytics company Arity to create Marsh d...

Insurance Technology

Milestone Partners | May 27, 2022

Milestone Partners announces the formation of specialty auto insurance holding company Drive Assurance Holdings LLC ("Drive Assurance"). It also announces the acquisition of GoAuto, LLC ("GoAuto") and its technology platform, Adaptive Information Technologies, LLC ("Adaptive Information Technologies") ("AIT"). GoAuto is a vertically integrated, tech-focused personal auto insurance platform that offers low-limit plans via its managing general...