National Lloyds Insurance Company

Risk Management

AXA XL | February 24, 2022

Applied Underwriters has announced that it will acquire Catlin Specialty Insurance Company ('A+' rated) from the AXA XL group of companies, consolidating the company into the North American Casualty group of companies ('A' rated) in a move intended to bolster Applied's operating capabilities in support of its strategic partners as the E&S market hardens. The transaction is scheduled to close during Q2 as anticipated regulatory approvals are received. Mr. Ja...

FCCI Insurance Group | June 17, 2020

Sarasota, Florida-based property and casualty insurer FCCI Insurance Group (FCCI) is expanding its geographic reach, announcing it will begin writing commercial insurance in the state of Pennsylvania as of September 1, 2020. The Pennsylvania operations will be coordinated through FCCI’s Mid-Atlantic region, which is headquartered in Richmond, Va., and also operates in Maryland and Washington, D.C. Sales and marketing efforts in Pennsylvania will be led by senior business development specia...

Just Auto Insurance | May 13, 2020

Just Auto Insurance launched pay-per-mile auto insurance product in Arizona. This is the new telematics-based solution targets lower income consumers with a quick prepaid product. Read More

Insurance Technology

Carvana | August 12, 2021

Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company (“Root”), the leading insurtech carrier, today announced an exclusive partnership to develop integrated auto insurance solutions for Carvana’s online car buying platform. In connection with the partnership, Carvana will invest approximately $126 million in Root, Inc., subject to customary regulatory approvals. ...