In national news:

AIG, Bermuda-based Hamilton Insurance Group and affiliates of hedge fund firm Two Sigma Investments said they have agreed to create a technology-enabled insurance platform for sales to the small to medium-sized enterprise (SME) market. The announcement said the joint venture will combine Two Sigma’s proprietary data science and technology platform, Hamilton’s technology and underwriting experience in the SME market, and AIG’s SME capabilities and global presence to target what they estimate is a North American SME market worth $76 billion. The venture will offer pricing and servicing using predictive analytics and an easy-to-use customer interface, according to the founders.

Read more from Insurance Journal here.

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