Editor at Coverager
It appears that the founder of Bike-ID, a Berlin-based startup that allows bicycle owners to purchase theft-slash-damage coverage via an app, is working on Bike-ID 2.0 in the name of Inzmo. Think: Hassle-free insurance over your mobile phone. Bottom...
Axa is exiting Romania. Vienna Insurance Group (VIG) will be picking up the pieces subject to regulatory approval. By pieces think: Axa Life generated more than $5 million in gross written premium. Back home,...
Surplus lines insurer Watford Specialty, a unit of Bermuda-based Watford Re, is entering the US market via its acquisition of Professionals Direct Insurance, which “provides Watford with the ability to access the...
Geico is gearing up for the launch of its Geico Garage app, featuring the ability to record the car’s condition, set reminders and obtain the car’s health score. Take note: Android-exclusive.
Peruvian insurance company RIMAC announced it has deployed IBM’s Risk Inspect app to allow field agents to remotely access client data in real-time and evaluate different risks (think: fire, robbery, machinery...
Homeowners may feel right at home when they walk through their front door, but that doesn’t mean they really know what they’re walking into. Consider this: 88 percent of American...
AIG CEO Peter Hancock is feeling very proud saying they are growing quite well compared to the Fireman’s Fund-Chubb-Ace trio now known as the new Chubb. Speaking of Chubb, they’ve finally consolidated their...
New Zealand’s utility comparison site Glimp is eyeing insurance in the name of expansion.
Bottom Line: UK customers can purchase Cocoon’s smart device, which uses Subsound tech to sense activity throughout the home, at a discounted premium and also receive a 10% discount on their home insurance by Zurich. If...
Nassau Reinsurance Group Holdings, L.P. (“Nassau Re”) and Universal American Corp. (NYSE:UAM) (“Universal American”) today announced the successful completion of Nassau Re’s previously announced acquisition of Universal American’s Traditional Insurance...
Hands down the Best Insurance Job Description award (for today) goes to Jetty. Read here. Last paragraph. Speaking of Jetty, they’ll be at InsureTech Connect.
Zurich is moving across the street to 4 World Trade Center. Thinking…NYC tours and insurance CEOs….Holding that thought.
AIG Israel is the latest to take advantage of the Pokemon craze and market accident insurance. In the club with Sberbank Life Insurance, Row and Knip. This is getting very boring.
A Los Angeles-based remote video inspection service catering to the insurance industry called DropIn will be featured in a CNBC reality show called West Texas Investors Club. File under ‘entertainment’, though this...
“Insurance fitness” – Clark on Clark, describing the value of its insurance management app. Think: the robo-advisor app allows customers to easily understand their ‘insurance fitness’ level. Bottom Line: The...
