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Arbol Buys Centauri Insurance, Forms Lilypad to Broaden Climate Risk Coverage

Arbol Inc., a firm that has specialized in climate risks for businesses, including parametric insurance products, has acquired Sarasota, Florida-based

Applied Underwriters sells off Sarasota subsidiary to coastal risk insurer

Buyer will address admitted insurance needs of homeowners and property investors

Arbol aims to grow TAM of parametric through subsidiary Lilypad, which acquired Centauri

Arbol, a technology-led underwriter of parametric risk transfer, climate and weather insurance or reinsurance business, has established Lilypad Insurance

Applied Underwriters names VP of strategic development

Industry vet will help guide company's growth through M&A, partnerships

Applied Underwriters Names Gregg Holtmeier Vice President, Strategic Development, for Company's Growing M&A and Partnership Alliances