Editor at Coverager
Insight Risk is a managing general agent focused on the builder’s risk market.
The company wrote $121 million in premiums in the state in 2024.
Hiscox has filed to nonrenew a block of BOP policies in GA, affecting 81 policyholders.
The deal doesn’t include any premiums, reserves, or employees.
AXA remains a strategic partner, with Deputy CEO George Stansfield staying on as Chairman of AVP’s Board.
Volt Underwriting
Arkatechture platform supports credit unions by enabling data-driven business decisions.
The funding will support product expansion and broader adoption among healthcare organizations.
Amadori will focus on delivering Management Liability solutions for publicly traded companies.
AM Best noted ongoing execution risk given the company’s expansion plans and concentration in the annuity market.
The ratings update follows capital management actions initiated by IMT after a downgrade in August 2024 tied to weather-driven underwriting losses and inflationary pressures.
Terms of the transaction were not disclosed.
Effective January 1, 2025.
NRMC will become part of Verisk’s Extreme Event Solutions.
The collaboration begins with a motor insurance launch in Poland via Zurich’s DA Direkt in Q2 2025.
