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Strategy and partnerships are vital to the success of insurtechs but many in the sector still struggle to get them right. Experts from Lloyd’s Lab, Guy Carpenter and two senior consultants in the industry came together to discuss the issues and provide insight for Intelligent Insurer’s webinar ‘Navigating the Insurtech Maze’, in association with Appian. 25 June 2019
Insurance
The insurance industry and the public sector need to work together, especially through global partnerships, in order to close the protection gap that leaves emerging Asian countries most vulnerable to natural catastrophes, according to Denis Duverne, chairman of IDF and chair of the board of AXA. 25 June 2019
Alternative Risk Transfer
Bermuda-based mortgage insurance provider Essent Group, a subsidiary of Essent Guaranty, has closed a $333.8 million reinsurance transaction and related mortgage insurance-linked notes offering. 25 June 2019
Insurance
Honan Insurance Group, an Australian insurance and financial services broker, has hired Eliza White for the newly created role of director of operations, Asia. She will be based in the group’s regional head office in Singapore. 25 June 2019
Insurance
Everest Insurance, Lloyd’s third-party managing agency Asta, and London-based Medical Protection Society (MPS) have teamed up to establish a Lloyd’s special purpose arrangement (SPA) slated to start from July 1. 24 June 2019
Insurance
US cyber insurers have seen written premiums more than double in four years from $996 million in 2015 to $2 billion in 2018, a report from ratings agency AM Best has shown. 21 June 2019
Insurance
Bermuda-based Third Point Reinsurance and White Mountains Insurance Group have made minority equity investments in newly-launched car insurance company, called Noblr. 21 June 2019
Insurance
Two entrepreneurs in the insurance and group benefits space have launched a new insurtech, called Untangler, designed to transform unstructured data files into actionable insights, enabling greater productivity. 21 June 2019
Insurance
Liberty Mutual Re, a part of Liberty Mutual Insurance Group, has appointed Jens Voges as senior underwriter and product leader of marine & energy within its London market risks (LMR) team. 20 June 2019
Insurance
AXIS Capital Holdings has published loss development triangle data for 2002 to year end 2018. 20 June 2019
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