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Sirius-backed workers’ comp insurtech Pie Insurance secures $45m Series B funding
Insurance
US insurtech start-up Pie Insurance has secured $45 million in Series B funding round led by SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund.   6 March 2019
Aon confirms Willis Towers Watson buyout plans
Insurance
Insurance broking giant Aon has confirmed that a takeover of its competitor and third largest insurance broker Willis Towers Watson is under consideration.   5 March 2019
Orchid Insurance secures Joe Zuk as managing director
Insurance
Orchid Insurance has hired Joe Zuk as managing director of it Corporate Development and Strategy team, a new role in the company.   5 March 2019
Insurance
A number of strong tornadoes have caused significant damage and deaths in parts of Alabama, Georgia, and Florida in the southeastern US.   5 March 2019
Insurance
Amynta Group, a group of warranty, managing general agent (MGA) and specialty risk companies, has appointed Bob James executive vice-president, Managing General Agencies.   5 March 2019
Insurance
US insurer Chubb has increased its stake in the Chinese Huatai Insurance Group creating the “first domestic Chinese financial services holding company to convert to a Sino-foreign equity joint venture”, the company said.   5 March 2019
Insurance
Chubb has partnered with Aon's catastrophe model development center Impact Forecasting to develop a terrorism risk model for Manhattan in New York City and other densely populated areas.   4 March 2019
Insurance
Krupa Global Investments (KGI), a Prague-based investment firm and formerly a significant shareholder of AmTrust Financial Services, has filed a complaint against Stone Point Capital and AmTrust before the European Commission Directorate-General for Competition.   1 March 2019
Alternative Risk Transfer
The future of Markel CatCo looked less certain today as the company’s board said it would “recommend an orderly run-off” of the firm's portfolios.   1 March 2019
Insurance
Reinsurance broking and risk/capital management firm TigerRisk Partners has hired a Florida market reinsurance veteran from Jardine Lloyd Thompson Group (JLT).   1 March 2019

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