eMaxx Insurance Services, LLC serves as the Attorney-in-Fact for the Reciprocal Insurance Exchange and acts as the sponsor of eCaptiv, an Arkansas-domiciled captive reinsurance company organized to ...
“Launching a reciprocal exchange is a significant step to reduce volatility, enable our insurance business to grow more effectively, and improve margins at Porch Group. We look forward to working with ...
SEATTLE--(BUSINESS WIRE)-- Porch Group, Inc. (PRCH), a homeowners insurance and vertical software platform, today announced the completed formation of the Porch Insurance Reciprocal Exchange (“PIRE”) ...
OLDWICK, N.J.--(BUSINESS WIRE)--A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, particularly in ...
Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a homeowners insurance and vertical software platform, today announced the Texas Department of Insurance (“TDI”) has approved its ...
In its recent release, "Overview of Reciprocal Insurance Exchanges and Recent Market Trends," ALIRT Research discusses the current financial performance of this niche P&C sector as well as the rapid ...
SEATTLE, March 20, 2023 (GLOBE NEWSWIRE) -- Porch Group, Inc. (PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that its insurance ...
The Baldwin Group has signed a note purchase agreement to raise $110m through surplus debentures to finance the launch of its reciprocal insurance exchange. Of this, $95m will be funded by Gallatin ...
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Clearcover launches reciprocal exchange for auto insurance
US-based insurtech company Clearcover has launched Clearcover Inter-Insurance Exchange (CIX), a reciprocal exchange aimed at expanding its reach into the non-standard auto insurance market. The ...
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