Articles
Insurance
Massachusetts-based insurtech firm Hi Marley has secured $8.7 million Series A funding from early stage venture capital firm True Ventures, with participation from Underscore VC. 13 June 2019
Insurance
WR Berkley Corporation has appointed Marlo Edwards as president of Verus Underwriting Managers, succeeding Dale Pilkington, who is retiring. 13 June 2019
Insurance
Trident Insurance Group, a specialist in the surety bond market primarily in the Mid-Atlantic region of the US, has signed a reinsurance treaty with Beazley Insurance Company. 12 June 2019
Insurance
AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Joe Sweeting as head of Lloyd’s casualty reinsurance. 12 June 2019
Insurance
Cyber insurance premiums in the US increased to $2.03 billion in 2018, a rise of around 10 percent from 2017, analysis by Aon has revealed. 12 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
Insurance
The number of securities class action lawsuits has more than doubled in the past four years, but according to insurer Chubb, the beneficiaries of the payouts are not “harmed investors” but instead its lawyers bringing cases of “dubious merit”. 11 June 2019
Insurance
Insurer Aviva has appointed Jason Storah as new chief executive of its Canadian business, replacing Colm Holmes. 11 June 2019
Insurance
US commercial insurance prices have increased in the first quarter of 2019, but the growth was just under 2 percent, according to Willis Towers Watson. 11 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
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