New Jersey-based InsurTech start-up BridgerInsurance has acquired Pleasanton, California-basedmaster general agency SCJ Insurance Services. Terms of the dealwere not disclosed.
Insuritas has launched its new websiteat Insuritas.com. The website design was created aftermonths of gathering market feedback on the digital platform, andthe new platform will continue to capture and report real timefeedback from customers.
New York City-based AmTrust Financial ServicesInc. has entered into an agreement for a lossdevelopment cover with Premia Reinsurance Ltd., a subsidiary ofBermuda reinsurer group Premia Holdings Ltd. The agreement providesup to $400 million of reinsurance for adverse net loss reservedevelopment in excess of AmTrust's stated net loss reserves as ofMar. 31, 2017, of approximately $6.59 billion, and covers AmTrust'sexposures through Apr. 1, 2017.
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