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CORE INSURANCE,AUTOMOBILE INSURANCE
Zendrive and MoneyLion | September 16, 2022
Zendrive, a mission-driven company making roads safer with data and analytics, today announced its partnership with MoneyLion Inc. (MoneyLion), the go-to destination for personalized financial content, products, and advice. Zendrive is powering MoneyLion’s offering, giving their millions of users a chance to save on their auto insurance with safer driving behavior.
MoneyLion customers can access the program using the MoneyLion app. Once MoneyLion customers opt into the progr...
Securian Financial | February 18, 2020
Canadian Premier Life Insurance Company – a Toronto-based subsidiary of Securian Financial Group – has agreed to purchase the regional book of business of Gerber Life Insurance Company. Gerber Life was acquired by Western & Southern Financial Group in late 2018. Most of Gerber Life’s book of business in Canada consists of “Grow-Up” whole life insurance policies for children. Securian has not disclosed how much its subsidiary is paying for Gerber Life’s Can...
Genstar Capital | March 30, 2020
Private-equity firm Genstar Capital has announced that it has partnered with insurance industry executives to establish Obsidian Insurance Holdings, a new fronting insurance holding company, with $100 million of capital. Obsidian’s insurance carrier subsidiary, Obsidian Insurance Company, has a financial strength rating of A- from AM Best to issue policies underwritten by managing general agents, managing general underwriters and program managers. Obsidian will source, underwrite, and mana...
Progressive, Travelers, USAA | April 09, 2020
More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place and other conditions required during the coronavirus crisis. Progressive Insurance announced it is providing approximately $1 billion to its drivers as a result of fewer claims that come with less frequent driving. Subject to approval by state regulators, Progressive personal auto customers who have a policy in force as of April 30th will be credited 20...
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