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Sompo International | April 17, 2020
Sompo International Holdings is saying goodbye to insurance marketplace Lloyd’s of London. Starting January 2021, the specialty provider of property & casualty insurance and reinsurance will no longer write business from Endurance at Lloyd’s or Syndicate 5151. Sompo International said all renewals and new business will be written from Endurance Worldwide Insurance Limited, as the Bermuda-based insurer consolidates its London presence into one company market platform....
Nationwide | February 18, 2020
Leaving home does not mean leaving your worries behind. For many, pulling out of the driveway can bring on anxiousness about the stove being left on or forgetting to close the garage door. Most people don't even think about risks associated with leaky or frozen water pipes that could cause serious water or flood damage. Nationwide's new smart home program can help alert customers about these problems from wherever they are, before they become a nightmare. Nationwide is partnering with No...
Lemonade | June 25, 2020
Insurance startup Lemonade Inc., which is backed by SoftBank Group Corp., said on Thursday it was looking to raise up to $286 million in its U.S. initial public offering (IPO), as the IPO market gains momentum after COVID-19 put many debuts on hold. Lemonade’s public listing comes amid a strong appetite for new stock offerings, especially those with an online-focused business against the backdrop of the pandemic....
Risk Management, Compliance
Embroker | January 23, 2023
Embroker, the digital platform that makes business insurance radically simple, recently launched ONE by Embroker, a universal application that uses AI and machine learning to create industry-specific business insurance products. The streamlined procedure allows brokers and startup founders to acquire immediate quotations for a complete package of products by focusing on critical business information and eliminating the need for needless and redundant questions. Busine...
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