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Insurtech Snapsheet secures $29m to expand claims management solutions globally
Insurance
Insurtech Snapsheet secures $29m to expand claims management solutions globally
Chicago-based insurtech Snapsheet, a provider of virtual claims technology for the personal and commercial insurance marketplace, has secured $29 million in Series E funding for global expansion.   20 May 2019
AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes
Insurance
AM Best moves Third Point Re outlook to 'negative' over profitability concerns and management changes
Rating agency AM Best has revised the outlook of Bermuda-based reinsurer Third Point Re to negative from stable, expressing "concerns over the company’s business profile", its ability to make underwriting profits, and the recent changes in its senior management including the departure of its CEO Robert Bredahl.   17 May 2019
The Hartford gets regulatory approvals for $2.1bn Navigators deal; date set for final completion
Insurance
The Hartford gets regulatory approvals for $2.1bn Navigators deal; date set for final completion
US-based property/casualty insurer The Hartford has received all regulatory approvals necessary for the closing of its acquisition of global specialty insurance holding The Navigators Group.   17 May 2019
Insurance
DataCubes partners with workers’ comp MGA Synergy
DataCubes, an automation platform for commercial P&C underwriting, has partnered with Synergy Coverage Solutions, a niche workers’ compensation MGA operating primarily in the Southeast and Midwest.   17 May 2019
Insurance
Globe Underwriting appoints North American property head from WSG Specialty
Globe Underwriting, a UK based managing general agent (MGA), has hired Jennifer Mackay as head of North America property division.   16 May 2019
Insurance
PartnerRe unveils wearable technology pilot with digital health platform dacadoo
Bermuda-based reinsurer PartnerRe has launched a wearable technology pilot project in partnership with digital health platform dacadoo.   16 May 2019
Insurance
SCOR elevates Jenkins to lead Americas P&C reinsurance as CEO amid management reshuffle
Reinsurer SCOR has made a number of changes in its P&C reinsurance operations in the Americas, including the CEO post, as part of a senior reshuffle that came into effect from 15 May 2019.   16 May 2019
Insurance
PartnerRe’s non-life unit drives solid growth; investments boost profits in Q1 2019 results
PartnerRe enjoyed solid growth and a big increase in profits in the first quarter of 2019 driven largely by net unrealized investments gains - but the Bermuda reinsurer’s CEO also highlighted improvements in the pricing environment.   16 May 2019
Insurance
Ryan Specialty hires Chubb's senior manager for CorRisk
CorRisk Solutions, a part of Ryan Specialty Group (RSG), has hired Donna Belvedere to lead its professional liability team, based in New York.   15 May 2019
Insurance
PartnerRe completes second longevity transaction with Manulife
PartnerRe has completed a second transaction with The Manufacturers Life Insurance Company (Manulife) to reinsure longevity risk for an in-force block of Canadian individual payout annuities.   14 May 2019

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