Around the P&C insurance industry: Aug. 22, 2018
News from QBE Insurance Group Limited, HUB International Limited, Poulton Associates LLC and more.
QBE Insurance Group Limited has partnered with Jupiter, a leader in predicting and managing climate risk. Jupiter is the fourth investment made by QBE Ventures, including HyperScience, Cytora and RIsk Genius, since its launch in 2017.
HUB International Limited has launched its comprehensive cannabis insurance and risk services, an offering under its Agribusiness & Farm Specialty Practice, to provide medical and recreational cannabis producers, distributors and retailers with proper protection. HUB is offering customizable insurance solutions and risk services, including crop insurance and risk management and regulatory compliance assistance, among others.
Inc. magazine has named Poulton Associates LLC to its 2018 Inc. 5000 list, an annual list that ranks the fastest growing private companies in the U.S. Based in Salt Lake City, the managing general agent and insurance brokerage earned a spot on the list for the third year in a row, ranking number 3,390.
The Institutes RiskBlock Alliance has announced that 12 additional companies have joined the risk management and insurance industry’s first enterprise-level blockchain consortium, bringing the total number of member companies to 30. New members include insurers, brokerages and reinsurers serving customers in the U.S. and abroad, including:
- Acuity Insurance
- Amerisure Mutual Insurance Company
- Assurant
- BB&T Insurance Holdings Inc.
- D. Francis Murphy Insurance Agency Inc.
- EMC Insurance Companies
- FHM Insurance Company
- GEICO
- State Farm
- Travelers
- TrueNorth Companies
- W.R. Berkley