Howden acquired Aston Lark from Goldman Sachs Asset Management and Bowmark Capital. Aston Lark is one of a U.K.-based independent, specialist complex commercial and private client brokers. The deal is subject to regulatory approval.
Sedgwick and CCC Intelligent Solutions Inc., an SaaS platform provider, announced a multi-year agreement in which CCC’s mobile and artificial intelligence claims capabilities will be used in Sedgwick’s auto appraisal offering and related workflows.
Mosaic Insurance opened an office in New York City, its first physical address in the U.S. The Midtown South office will accommodate members of the company’s cyber and transactional liability lines, along with technologists and finance executives. The startup already has cyber and transactional liability underwriters based in Chicago, and other key employees in Los Angeles, Boston and Virginia.
Agero introduced conversational artificial intelligence tools and enhancements that help consumers access the breakdown assistance they need more efficiently while providing a more transparent service experience.
Beazley received in-principle approval from Lloyd’s to establish Syndicate 4321 from Jan. 1, 2022. Once fully approved the syndicate will focus exclusively on offering additional capacity to businesses that perform well against ESG metrics.
Vertibrands released MGA+, a new affordable lead generation tool that drives commercial insurance purchasers to agents and connects agents to specialty underwriters who are leaders in their respective markets. The digital platform provides hundreds of shareable resources, customized sales tools and access to market-leading specialty underwriters, including MGAs, MGUs, program administrators, specialty carriers and select wholesalers.
Service Lloyds Insurance Company selected Origami Risk’s property & casualty insurance solution claims suite. Origami’s claims suite offers Service Lloyds a variety of tools and functionality to manage claims more efficiently and provide more robust services to agents, brokers and insureds.
Related: Around the P&C insurance industry: October 13, 2021