Reinsurance News

Oscar Health

Oscar makes two senior hires

26th January 2021

Direct-to-consumer health insurer Oscar has appointed Alessa Quane as its Executive Vice President and Chief Insurance Officer. She joins Oscar from AIG, where she served as Executive Vice President and Chief Risk Officer. In this role she oversaw the management of risk on an enterprise-wide basis and value-based performance metrics. In this ... Read the full article

Health insurtech Oscar closes $225m funding round

29th June 2020

Direct-to-consumer health insurer Oscar has announced the closing of a $225 million funding round. Oscar notes how this latest funding will help ensure continued growth off its $2 billion revenue base and puts the company on a path to advance its mission of making health care simple. "Transforming the health insurance experience ... Read the full article

Oscar Health announces US expansion

22nd August 2019

US domiciled health insurer Oscar has announced plans to expand its coverage to six new states and a total of 12 new markets in 2020. The move marks the third consecutive year of expansion for Oscar, bringing its total geographic footprint to 15 states and 26 markets. The firm intends to expand ... Read the full article

Oscar Health in reinsurance deal with Berkshire Hathaway: Reports

16th August 2019

U.S. domiciled health insurer Oscar Health has entered into a new multi-year quota share reinsurance agreement with Berkshire Hathaway's National Indemnity Company (NICO), reports Forbes. Oscar Health established itself as a startup with a focus on providing Obamacare coverage, but according to reports, is looking to expand within the individual and ... Read the full article

Health InsurTech Oscar Health & AXA announce multi-year reinsurance agreement

16th January 2018

Health InsurTech start-up Oscar Health has entered into a multi-year quota share reinsurance arrangement with AXA's International Employee Benefits Division, according to reports. The new deal is designed to assist Oscar Health's growth plans, after the firm increased its individual market presence in the states, according to reports in Healthcare Analytics ... Read the full article