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Preventing bad things from happening in the first place: the insurance of the future?
News
Insurtech firm Neos is focused on prevention first, payouts second. Matt Poll, chief executive and founder of Neos and one of the speakers at Intelligent InsurTech Europe, which will take place in October in London, chats to Intelligent Insurer about the company’s successes so far and current goals.   28 August 2018
Paraline UK and Beat Capital sign merger deal
Insurance
Venture capital firm Beat Capital Partners and insurance investment vehicle Paraline UK are to merge in a move designed to "enhance and further build Beat’s platform to support independent underwriting businesses".   24 August 2018
RLI founder passes away
Insurance
Gerald Stephens, the founder of US specialty insurer RLI, has passed away at the age of 86.   24 August 2018
Insurance
Root Insurance, a car insurance startup that operates entirely via mobile technology, has raised $100 million in Series D funding, pushing the insurtech's valuation to $1 billion.   23 August 2018
Insurance
Ryan Specialty Group has a growing presence in the marine market — a confluence of market conditions and its own strategic decisions could mean further growth, as Intelligent Insurer finds out.   23 August 2018
Insurance
The Central Bank of Ireland has fined PartnerRe Ireland Insurance and Partner Reinsurance Europe a combined €1.5 million.   22 August 2018
News
Hannover Re’s CEO Ulrich Wallin is stepping down and retiring in May 2019 after more than 35 years at the reinsurer. He will be replaced by Swiss Re’s Jean-Jacques Henchoz.   22 August 2018
Insurance
Bermuda-based Enstar Group has entered into a five year unsecured $600 million revolving credit facility with a group of lenders to fund acquisitions as well as for “general purposes.”   22 August 2018
Insurance
Insurance premiums generated by emerging insurtech services will exceed $400 billion by 2023, up from an estimated $187 billion in 2018, according to a study by Juniper Research.   22 August 2018
Insurance
American International Group (AIG) has hired John Repko as executive vice president, chief information officer (CIO), succeeding Martha Gallo who is leaving AIG to pursue other interests.   22 August 2018

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