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US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital. 24 September 2019
Insurance
A joint research project to study how daily physical activity can reduce the risk of disease and extend life expectancy has been launched by Hannover Life Reassurance (Hannover Re US), part of the Hannover Re Group, and Sweatcoin a digital health app. 24 September 2019
Insurance
AmTrust E&S Insurance Services, a wholly-owned subsidiary of AmTrust Financial Services, has launched a new excess casualty underwriting division based in Los Angeles. It will be led by Jeff Lynn, who joins from Everest Re. 24 September 2019
Insurance
Specialty insurance brokerage and investment banking business CAC Specialty, a part of US risk management and insurance brokerage Cobbs Allen, has hired JLT's Michael Rice II as its chief executive officer (CEO). 24 September 2019
Insurance
Inshur is offering flexible insurance for commercial car drivers through its app, claiming it is the first company so to do. 23 September 2019
Insurance
Ascent Underwriting, the cyber and specialty lines managing general agent (MGA), and Cove Programs, the US construction-focused MGA, have appointed Ian Beaton as a non-executive director of the group. 23 September 2019
Insurance
In a bid to reduce the cost of doing business at Lloyd’s, Nephila Syndicate Management (NSML) has selected Phinsys' suite of software technologies to streamline its financial processes and automate statutory, regulatory and management reporting. 23 September 2019
Insurance
Starr Insurance Companies has unveiled a new structure and leadership promotions in the US western region. 23 September 2019
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has partnered with Zurich-based Synpulse to improve the property and casualty (P&C) underwriting process for insurers. 20 September 2019
Insurance
Insurtech Vouch, which describes itself as a new type of insurance company exclusively serving the early stage tech start-ups, has raised $24.5 million in Series A funding. The company's proprietary policies are backed by Munich Re. 20 September 2019
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