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Telemedicine drives efficiencies for low-severity, high-frequency claims

The Covid-19 pandemic helped accelerate the adoption of telemedicine services, and according to the founder and CEO of telehealth firm 1.800MD, the segment’s track record in the past several years has proved it can drive expense efficiencies for low-severity, high-frequency claims.

Clear Blue on course for $1.5bn ’22 GWP despite shedding cat business

A slew of new program deals and organic growth have put Clear Blue on track to hit $1.5bn in premium this year as it looks to optimize its portfolio by trimming cat exposure and use capacity relationships with Vesttoo, MultiStrat and others to tackle pipeline opportunities, our sister publication Program Manager revealed.

Amwins: Best’s PA-1 could be draw for talent and M&A opportunities

The award of AM Best’s top performance assessment of PA-1 (Exceptional) to Amwins’ underwriting operations at the group level gives the firm first mover status among large MGA platforms and could be a magnet for entrepreneurial talent and potential MGA opportunities, according to senior management.

Greenhill looks to expand healthcare offerings after acquisition by Alera

After Alera Group made its first MGU acquisition last month with its deal for Greenhill Insurance Services, the broker consolidator’s CEO Alan Levitz has told Program Manager that the focus now is on supporting the platform’s expansion with potential new products in the pipeline to serve the growing healthcare liability industry.

One80 eyes expansion in the Asian American market following C&M First acquisition

Recently acquired Asian American-focused broker C&M First will act as a springboard for growth in that segment of the market for its new owner One80 Intermediaries, according to management of both firms.

Nationwide E&S yet to exhaust $1bn CA wildfire capacity, commits to writing cat

Nationwide E&S is yet to fully deploy the circa-$1bn of capacity in its California HNW homeowners wildfire program despite significant interest, while the carrier remains committed to providing coverage in catastrophe-exposed states even though it has reduced its Coverage A total insured values (TIVs) in certain regions.