Around the P&C insurance industry: December 13, 2023
Insurance industry news from Novidea, Mallory Agency, BirdsEyeView and more.
Novidea launched the Southeast Asian market, starting in Hong Kong and Singapore. This geographical expansion supports Novidea’s strategy to become the leading provider of core platforms for insurance organizations, worldwide.
Liberty Mutual announced the winners of the 2023 Agent for the Future Awards. In its sixth year, the award celebrates the most forward-thinking, innovative independent agents and agencies. This year’s class of winners represent a new generation of agents and brokers – they’re implementing AI, investing deeply in the employee experience and lifting up the entire the independent agency community while doing it.
Higginbotham, Texas’s largest independent insurance, financial and HR services firm, and one of the top firms in the country, has joined forces with Botson Insurance Group of Avon, Ohio. This move extends the Texas firm’s presence across Ohio, as Higginbotham formed a similar collaboration with western Ohio’s Community Insurance Group, Ltd. earlier this year.
The Hill named Charles Symington, Big “I” president & CEO, among the top trade association lobbyists in Washington, D.C. this year. As in previous years, the Big “I” was the only property-casualty insurance agent or broker group to make the list.
Philadelphia Insurance Companies announced that its president & CEO, John Glomb, has been named one of the Most Admired CEOs by the Philadelphia Business Journal. Twenty-seven executives were recognized as leaders who have earned respect within their companies and from outside observers. Glomb was nominated by the CEO of the Children’s Scholarship Fund of Philadelphia.
Mallory Agency announced significant growth with the opening of two new offices in Charleston, South Carolina, and Auburn, Alabama. The expansion marks a strategic move to enhance the agency’s presence in critical markets and capitalize on emerging opportunities, now operating out of Atlanta, LaGrange, Charleston and Auburn.
BirdsEyeView has closed an investment round led by the European Space Agency, Big 5 Investors, InsurTech NY and ACF Investors. This latest investment, for an undisclosed seven-figure sum, will be used to drive growth in the U.K. and U.S. markets and further develop BirdsEyeView’s RAPTOR technology, which is set to democratize insurers’ access to NatCat modelling , exposure management and underwriting automation.
Related: