Articles
Insurance
The Asia Pacific arm of Munich Re Syndicate, a marine and specialty insurance underwriter at Lloyd’s, has partnered with Singapore-based coverholder Nectar Specialty Risk to expand its distribution and middle-market business in the region. 18 April 2019
Insurance
Australia-based specialist insurer POP Insurance Holdings and its MGA subsidiary Fusion Specialty Insurance have partnered with Fractal Industries, an artificial intelligence (AI) and insurtech software provider. 18 April 2019
Insurance
Specialty re/insurer Canopius has signed a definitive agreement to merge its Lloyd’s business with AmTrust at Lloyd’s, a division of AmTrust Financial. 18 April 2019
Insurance
French insurer Axa has pledged €10m to the fund to rebuild Notre-Dame de Paris after a devastating fire broke out at the cathedral on Monday 16 April. French firefighters managed to save the two large stone bell towers from collapse and many of the precious items inside the building were rescued. However, the damage to the roof and spire was extensive. 17 April 2019
Insurance
UK-based insurtech Cytora, a provider of AI-powered solutions for the commercial insurance industry, has raised £25 million funding to expand its product suite and scale into new geographies. 17 April 2019
Insurance
Guy Carpenter's Stephen Mathews has joined specialist reinsurance broker Capsicum Re's mortgage indemnity reinsurance division. Based in New York, he will head up the division’s global analytics capability. 17 April 2019
Insurance
Liberty Mutual Insurance is to acquire the global surety and credit reinsurance operations of AmTrust Financial Services in a move it hopes will support its "goal of becoming a top three global commercial re/insurer". 16 April 2019
Insurance
Reinsurer PartnerRe has hired AXIS Re's Jonathan Colello as CEO of property and casualty (P&C) Americas, and president of Partner Reinsurance Company of the US. 16 April 2019
Insurance
SoFi, the online financial services provider, has partnered with AI powered-insurer Lemonade and smartphone and data science auto insurer Root to expand its insurance portfolio. 16 April 2019
Insurance
The insurance workforce needs to evolve to work effectively with new technologies as the London market embraces modernisation and transformation initiatives, suggests a new report by PwC and the Lloyd's Market Association (LMA). 15 April 2019
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