Insurtech weekly news roundup: Aug. 12 – Insurance Business

This week, Corvus Insurance chose a new CEO. Socotra signed 12 insurtechs and insurance technology companies to its new marketplace. At-Bay launched a new Miscellaneous Professional Liability (MPL) product. Kissterra achieved a major revenue milestone. Planck debuted a new risk search engine. Hippo added a veteran insurance executive to its board of directors.

Corvus Insurance

MGA insurtech Corvus Insurance has chosen Madhu Tadikonda as its new CEO.

He succeeds founder Phil Edmundson, who will take on the new role of executive chair and chair of the board of Corvus. In his new role, he’ll focus on supporting the growth of the company as it expands internationally.

Tadikonda joined Corvus in 2021 as president. Before that, he was global chief underwriting officer at AIG, and previously led data science efforts for AIG’s Commercial Insurance arm. He also co-founded Archipelago, a risk data platform that uses AI to digitize risk for large owners of commercial property.

Corvus, based…

Read Full Story: https://www.insurancebusinessmag.com/us/news/technology/insurtech-weekly-news-roundup-aug–12-416676.aspx

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source: https://news.oneseocompany.com/2022/08/12/insurtech-weekly-news-roundup-aug-12-insurance-business_2022081227013.html

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