Crawford company Broadspire brings on new executive team

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Broadspire – the third-party claims administrator subsidiary of Crawford & Company – has made a series of appointments for its global operations executive team.

All new members of Broadspire’s executive team were selected from within the company. Joining Broadspire TPA North America president Mike Hoberman in their new positions are Jeff Sickles as chief claims officer; Erica Fichter as chief operating officer, medical management, accident & health claims; Michael Becker as chief client officer; Marc Cunningham as chief sales & marketing officer for TPA US; and Andrea Aiken as vice president of TPA Canada.

Hoberman has been working in the

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Insurtech Symbo raises SG$12.55 million in funding round

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The insurtech, which is active in India and Southeast Asia, said it will use the investment to bolster its core technology platform and leadership team to bring its offerings to scale across its core markets. It will focus on recruitment across senior technology and product functions, in addition to senior business development hires in Singapore, Malaysia and Indonesia.

A large part of the funds will be invested into Symbo’s Indian affiliate, with the intention of acquiring complete ownership of the business, subject to applicable regulatory approvals.

The funding round comes after Symbo’s acquisition of Singapore-based digital health platform Vivant, expanding

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Reinsurance technology companies sign acquisition agreement

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Whitespace Software, a provider of digital placing technology to the reinsurance market, has signed a definitive investment and acquisition agreement with Verisk subsidiary Sequel. Sequel’s investment and support will bolster Whitespace’s growth, the companies said.

Sequel’s investment will enable the Whitespace platform to accelerate development and significantly expand its capabilities. Whitespace will gain access to the support, people and capital resources of Sequel and Verisk, while maintaining its own brand and operational autonomy.

“Joining Sequel is a fantastic step forward for Whitespace, as this will accelerate development of our rapidly growing business,” said Marcus Broome, chief platform officer for Whitespace.

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High 10 On-line Enterprise Ideas In 2020 ‘ How To Make 10k A Month

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What is SEO advertising and marketing? On the most elementary level, initial charge-making involves wanting on the frequency and severity of insured perils and the expected average payout resulting from these perils. Thereafter an insurance coverage company will gather historical loss-data, carry the loss data to current value , and evaluate these prior losses to the premium collected in an effort to assess rate adequacy. 24 Loss ratios and expense masses are additionally used. Rating for various risk traits includes – at the most elementary degree – comparing the losses with “loss relativities”—a policy with twice as many losses would, … Read More