Insurance

Crawford company Broadspire brings on new executive team

spike 4 days ago

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

… Read More

Insurtech Symbo raises SG$12.55 million in funding round

spike 4 days ago

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

… Read More

Reinsurance technology companies sign acquisition agreement

spike 4 days ago

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.

… Read More

Zurich confirms new CEO for commercial insurance

spike 4 days ago

This week has already been an eventful one for senior leadership moves and today Zurich Insurance Group (Zurich) has revealed that Sierra Signorelli has been appointed both CEO for commercial insurance and as a member of the executive committee with immediate effect. The new appointment to the executive committee is subject to regulatory approval and her successor to her current role as group chief underwriting officer (CUO) will be announced in due course.

Signorelli succeeds James Shea, who has decided to leave Zurich to pursue opportunities outside the company. She first joined Zurich in July 2017 and has held several

… Read More