The product will be offered on a surplus lines basis.
StretchDollar leverages an IRS rule that formed Individual Coverage Health Reimbursement Arrangements.
The company will focus initially on identifying agencies in the Southwest region of Michigan.
These changes align with Ageas’s strategy to strengthen its technical insurance capabilities.
American Integrity provides residential property insurance to nearly 360,000 Florida homeowners.
Allianz will underwrite all general insurance products (excluding travel), and manage claims, under the RAA brand.
Aviva participated in the round.
Assurant Ventures participated in the round.
The credit union serves 5,394 members with assets of approximately $59 million and caters to residents in five Florida counties and select employee groups.
Onsi offers insurance solutions and financial benefits to complex workforces, including independent and gig workers, through flexible, usage-based coverage and seamless claims processes.
The deal builds on the current protection partnership between NatWest Group and AIG Life, now owned by Aviva.
Hadron projects over $200 million in written business across its platforms for 2024.
State Farm and its affiliates are the largest providers of auto and home insurance in the US.
The launch in Italy follows Everest’s recent expansion into other key international markets, including Australia, Colombia and Mexico.
The firms will continue to operate independently until the transaction is completed, which is expected in early 2025.
