03.10.2023 - HOUSTON and PEABODY, Mass., Oct. 03, 2023 (GLOBE NEWSWIRE) - Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) ( Skyward Specialty ) a leader in the specialty property and casualty (P&C) market, and eMaxx, a tech-enabled specialty provider of .
Three day meeting packed with educational sessions addressing loss prevention, technology, claims and litigation management industry trends PEABODY, Mass.
eMaxx to Offer Warranty Programs for Alternative Energy Projects insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.
Share:
eMaxx, an InsurTech commercial managing general agent specializing in alternative risk, announced today the expansion of its turnkey platform for insurance companies to enter the variable cost captive market. eMaxx provides a platform that includes technology, product development, marketing, sales support, administration and can assume quota share excess of loss (XOL) reinsurance. Insurance companies provide fronting, excess XOL reinsurance, claims oversight and their independent agency network. Variable cost captives are the fastest growing sector of the commercial insurance market and there is high demand for alternative risk captive programs, Brian McCarthy, CEO, eMaxx. Commercial Insurers can enter the alternative risk market quickly and provide their independent agency partners a branded product within months instead of years.
Insurance Techknowledgy: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx April 22, 2021
Insurtech Bold Penguin is making it easier for agents and small business customers to secure to coverage by the month or by the hour through a partnership with another insurtech startup,
Thimble.
Thimble’s coverage options are for businesses of all sizes ranging from startups that purchase insurance by-the-job, to mature organizations that want more control over their monthly and annual policies.
“Our secret sauce is we’re selling these policies on all kinds of different time frames,” Thimble founder and Chief Executive Officer told
Markel Insurance Co.
Bold Penguin, a digital exchange used by insurance agents, brokers and other distributors to match, quote and bind policies from insurers, will now have Thimble’s bindable quotes, which not only offer the shorter policy terms than traditional insurers, but also feature the ability t