Mylo, the digital broker that is transforming insurance shopping, announced that it has raised $28 million in a Series A funding round led by Guggenheim Partners. Mylo was launched by Lockton Companies in 2015 to provide a quick, convenient way for small businesses and individuals to get customized advice, compare and purchase insurance products online… Continue reading Digital Insurance Broker Mylo Announces $28M Funding
Tag: BOP
Commercial Lines November Renewal Rates Experience Mixed Changes: IVANS
IVANS, a division of Applied Systems, today announced the November results of the IVANS Index, the insurance industry’s premium renewal rate index. For the first time this year, rate changes are split evenly with an uptick in premium renewal rate across Business Owners Policy (BOP), Commercial Property and Umbrella, while Commercial Auto, General Liability and… Continue reading Commercial Lines November Renewal Rates Experience Mixed Changes: IVANS
Insurance Renewal Rates Experience Uptick in Nearly All Major Commercial Lines Products
IVANS, a division of Applied Systems, today announced the third quarter results of IVANS Index, the insurance industry’s premium renewal rate index. Q3 results showcased an increase in premium renewal rate change across nearly all of the commercial lines of business compared to the second quarter, except for BOP and Workers’ Compensation which experienced a… Continue reading Insurance Renewal Rates Experience Uptick in Nearly All Major Commercial Lines Products
25% of Americans Own A Side Business, Most Started for Extra Income
A new survey from The Hartford found that 25 percent of Americans, which equates to approximately 57 million people, own a side business (a business that is not their primary source of income). The majority of side business owners surveyed have full-time jobs and the primary reason for starting their business was financially motivated as… Continue reading 25% of Americans Own A Side Business, Most Started for Extra Income
August Commercial Insurance Renewal Rates Bounce Back Across Nearly All Major Lines
IVANS®, a division of Applied Systems®, today announced the results of IVANS Index for the month of August, the insurance industry’s premium renewal rate index. Bouncing back from last month’s results of decreasing rate change across almost all lines of business, August results show positive change across nearly all major commercial lines except for Commercial… Continue reading August Commercial Insurance Renewal Rates Bounce Back Across Nearly All Major Lines