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Lemonade, an artificial intelligence-focused insurtech company, more than doubled its clients in the past two months as “customers are ditching incumbents for Lemonade,” Shai Wininger, Lemonade co-founder, said in a blog posted on medium.com. 2 June 2017
Insurance
The current macro-economic and political situation in Latin America is a key challenge to re/insurers looking to take advantage of new opportunities in the region. 13 November 2017
Insurance
Offering capacity for new insurance needs such as cyber and specialised liability, and offering creative contracts for cat coverage can help close the protection gap in Latin America. 13 November 2017
Insurance
Specialist insurer Hiscox has led a $58 million Series D funding round of insurtech CoverHound, with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD. 6 February 2019
Insurance
Homeowners' re/insurance provider HCI Group has appointed Karin Coleman to executive vice president. 18 December 2017
Insurance
Insurance Australia Group (IAG) is reviewing its Asian operations after running out of buying opportunities, according to a Reuters Feb. 14 report. 14 February 2018
Insurance
Broker Arthur J Gallagher is acquiring UK regional commercial insurance broker Risk Services based in Chester. 9 May 2018
Insurance
Munich Re has hired John Hennessy as CEO & president of its North American underwriting platform Roanoke Group (RGI). 27 July 2018
Insurance
Ryan Specialty Group (RSG) has secured a $175 million investment from Toronto-based private equity firm Onex Corporation. The company has framed the deal as a long-term strategic relationship that will enable further growth. 4 June 2018
Insurance
More than $1.3 billion of insurtech funding was completed during the third quarter of 2018, double the figure from the previous quarter, according to Willis Towers Watson research. 20 December 2018
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