US-based Matic Insurance Services partners with mortgage software provider Maxwell – Insurance Tech Weekly # 37
Matic Insurance, a US-based digital home insurance agency for mortgage borrowers, partners with digital mortgage software provider Maxwell to integrate Matic’s product in its software.
Progressive Direct Insurance Company to sell Australian operations to Hollard Insurance – Insurance Tech Weekly # 36
Progressive Direct Insurance, a subsidiary of The Progressive Corporation, and The Hollard Insurance has announced that they have entered into definitive agreements in which Hollard will acquire Progressive’s portfolio of insurance policies in Australia.
The Travelers Companies, a provider of property casualty insurance for auto, home and business, is to acquire Simply Business, a UK-based business insurance provider, from Aquiline Capital Partners, for an enterprise value of approximately $490M.
Slice expands on-demand homeshare insurance product to five additional states – Insurance Tech Weekly # 34
Slice Labs, an on-demand insurance platform, expands on-demand homeshare insurance product to five additional states (Colorado, Maryland, Massachusetts, Texas and Washington).