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AJ Gallagher will offer agricultural insurance coverage to clients in Louisiana, Arkansas, and Mississippi.
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The modelling firm has aimed to incorporate climate change impacts into its assessment of wildfire risks.
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Myriad brokers in the cannabis insurance space have been circumventing major challenges ahead of potential – and hopeful – federal legality in coming years.
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Singapore-based EDBI and Madrid-based Mundi Ventures are the latest investors in the unicorn InsurTech.
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The algorithm uses ultra-high-resolution aerial images and data that pinpoints, color-codes and displays properties by damage classification.
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Andrew McBride has also served as director of claims at QBE’s European operations and held various overseas roles managing claims at Aon and Axa.
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More than 325,000 policyholders have been affected by wildfires, including Dixie, Caldor, River, Tamarack, Antelope, McFarland, Monument, Fly, and Cache.
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The former KBW banker will oversee investments, investor relations, and rating agency activity, and will report directly to chief financial officer Sarah Doran.
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The InsurTech also recently hired Dr David Stachon, the former CEO of Generali’s German direct insurer CosmosDirekt, as COO.
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BMS Re has appointed Jerry Farrell from Toa Reinsurance Group as executive vice president in the reinsurance broker’s origination team, effective 20 September.
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Stephen Clark will also keep his responsibilities as North America hull and liabilities practice leader, a role he has held since 2017.
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The new program will target small trucking operators, such as commercial truckers, common carriers, contract carriers, freight haulers and intermodal carriers.
