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Generali strikes strategic technology partnership with Google
Insurance
Italian insurer Generali has signed a strategic cloud partnership with technology giant Google in order to customise and innovate products and services for its retail and corporate clients, and transform its customer engagement model.   20 June 2019
Pay-as-you go insurtech Zego raises $42 million to fund European expansion
Insurance
London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus.   19 June 2019
Twelve Capital to focus on own ILS funds in Europe following 'strong investor demand'
Alternative Risk Transfer
Twelve Capital, an independent investment manager specialising in insurance with approximately $4 billion in assets under management, is expanding its product range for insurance-linked securities (ILS) investors, including cat bonds, collateralised reinsurance and multi-asset offering, across its target markets in Europe.   19 June 2019
Alternative Risk Transfer
Zurich-based catastrophe insurance data provider PERILS has acquired Canadian loss and exposure aggregation firm Catastrophe Indices & Quantification (CatIQ).   18 June 2019
Insurance
Re/insurance legacy specialist Compre has made three acquisitions to “consolidate a complex legacy London Market pool”, involving Basler Versicherung AG (Baloise), Helvetia Swiss Insurance Company (Helvetia), and an undisclosed European insurance group.   14 June 2019
Insurance
Attacks on two oil tankers in the Gulf of Oman on Thursday will force insurance underwriters to scrutinise voyages more closely with premium increases for vessels in the region a “near certainty”, an industry expert has said.   14 June 2019
Insurance
French reinsurer SCOR's international life and health subsidiary SCOR Global Life has made three new appointments to strengthen its position in the French market.   13 June 2019
Insurance
AI-powered insurtech company Lemonade has entered the European market with the launch of its contents and liability insurance product in Germany – its first major market outside of the US.   12 June 2019
Alternative Risk Transfer
Aon Securities, the investment banking division of re/insurance broker Aon, has made two new strategic hires to help drive growth and innovation within its capital markets function.   11 June 2019
Insurance
Berkshire Hathaway Specialty Insurance (BHSI) has launched a new office in Paris, and appointed François-Xavier d’Huart as country manager, as part of its strategic expansion in Europe.   11 June 2019

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