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Ascot has revised its 2018 business plan to anticipate an increase in gross written premium of 23 percent against its original 2018 Plan – because of expected rate increases following heavy cat losses in the third quarter of this year. 15 November 2017
Insurance
Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program. 28 August 2019
Insurance
JLT Specialty, a US subsidiary of re/insurer Jardine Lloyd Thompson Group (JLT), has appointed Taylor Turney as vice president in its Los Angeles office. 1 October 2015
Insurance
The year 2017 has been marked by an unusually strong hurricane season in the US but also a number of significant regulatory changes such as the Ogden discount in the UK with significant consequences for the motor re/insurance industry. Intelligent Insurer asked re/insurance executives what the most important moments/developments were in the re/insurance industry in 2017. 22 December 2017
Insurance
San Francisco-based new life insurer Ethos, which uses predictive analytics and data technology to eliminate traditional barriers to life insurance, has expanded its executive team with the hiring of Old Mutual's Brett Wilson as the company’s first vice president of risk & actuarial. 10 October 2019
Insurance
Norwich-based insurance provider for the sharing economy Pikl has raised £2.5 million seed/pre-series A funding from Sir Peter Wood, the founder of Direct Line and Esure. 28 May 2019
Insurance
Specialist insurer Markel International has appointed Rajesh Sinha as head of personal accident, contingency and entertainment (PACE) in Asia. 28 May 2019
Insurance
Report from Chubb and Clyde & Co highlights impact of increasing scrutiny. 20 November 2019
Insurance
General insurer (GI) Uinsure has launched a ‘zero questions asked’ quote platform for UK home insurance in partnership with big data ‘supermarket’ insurtech WhenFresh. 12 July 2019
Insurance
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has launched an online portal to offer click-and-buy insurance products for the UK’s commercial drone market. 15 March 2016
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