Articles

Insurance

Insurtech Arceo.ai raises $37m funding to expand cyber insurance coverage

San Francisco-based insurtech Arceo.ai, a provider of cyber resilience solutions, has secured $37 million funding led by Lightspeed Venture Partners and Founders Fund with participation from CRV and UL Ventures.   26 September 2019

Insurance

Satellite technology helps Lloyd’s speed up claims process for nat cat: McKenzie

Satellite imagery technology is a key part of the push at Lloyd’s in using technology to speed up claims payments following natural catastrophe events, according to McKenzie Intelligence Services (MIS).   26 September 2019

Insurance

Blockchain 'moves beyond the hype' towards real-world solutions

Hailed as one of the few insurtech technologies with the potential to transform the centuries-old re/insurance industry, blockchain is finally moving from 'hype' to reality as companies are becoming increasingly focused on investment returns and solutions with real-world use.   26 September 2019

Insurance

AXA XL bolsters mergers & acquisitions underwriting team in US

Insurer AXA XL has promoted promoted mergers & acquisitions (M&A) underwriting duo Michelle Jensen and Pietro Tarone in the US.   26 September 2019

Insurance

Insurtech Digital Fineprint raises $4m to fund expansion plans in North America

London-based insurtech start-up Digital Fineprint (DFP), a provider of commercial insurance analytics, has secured a $4 million investment from Eos Partners and Pentech Ventures to support its expansion plans, and formed a new partnership with RSA Insurance Group.   26 September 2019

Insurance

Chaucer appoints new non-executive director to board

Specialty re/insurer Chaucer has appointed Lesley Watkins as non-executive director.   26 September 2019

Insurance

Trak Global appoints Leon Hurst to head mobility division

Trak Global has appointed Leon Hurst to head up its growth plans in the automotive and mobility sectors.   25 September 2019

Insurance

Marsh pilots new blockchain-powered platform to transform insurance placement process

Broker Marsh is piloting a new blockchain-powered digital placement platform that it claims has the potential to "transform the insurance placement process".   25 September 2019

Insurance

AXA XL teams up with Accenture on cybersecurity services

Re/insurer AXA XL has partnered with Accenture to offer global cybersecurity expertise, including threat intelligence, risk mitigation and post breach services, to its underwriters, brokers and clients.   25 September 2019

Insurance

Aon launches product designed to boost ‘claims adjustor productivity by 25%’

Aon has launched a tool to read claims notes on open files, saying it can boost claims adjustor productivity by 25 percent.   25 September 2019

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