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Insurance

Insurance start-up Sure nabs $12.5m Series B from WR Berkley

New York-based insurance start-up Sure has raised an additional $12.5 million in a Series B funding round led by WR Berkley Corporation, bringing its total financing to $23.1 million.   13 June 2019

Insurance

Chaucer taps TransRe A&H treaty underwriter to build London capabilities

Specialty re/insurer Chaucer has appointed Sarfraz Pivano as accident & health treaty underwriter in the reinsurance division.   13 June 2019

Insurance

Legal & General unveils first blockchain reinsurance platform using Amazon

UK insurer Legal & General Group has developed what it claims to be the "first pension risk transfer execution platform driven by blockchain technology" using Amazon Web Services (AWS).   13 June 2019

Insurance

Lloyd’s Neal says market must ‘seize once in a generation chance to change’

Lloyd’s of London CEO John Neal said the market needs to seize a once in a generation opportunity to digitise and innovate or risk becoming irrelevant.   13 June 2019

Insurance

UK insurech Inzura secures £1m funding from industry leaders

UK-based insurtech firm Inzura.ai has raised a further £1 million in a pre-A funding from insurance industry leaders, following a seed investment round in early 2018 and growth in the UK and South East Asian markets.   13 June 2019

Insurance

Beazley signs reinsurance treaty with Trident Insurance Group

Trident Insurance Group, a specialist in the surety bond market primarily in the Mid-Atlantic region of the US, has signed a reinsurance treaty with Beazley Insurance Company.   12 June 2019

Insurance

InsurTech Gateway seeks £30m investment for first insurer fund

Insurtech incubator and venture capital firm Gateway is targeting up to £30 million of investment for its new fund launched to support technology start-ups in the insurance and reinsurance space.   12 June 2019

Insurance

AXIS Re hires head of Lloyd’s casualty reinsurance from Vibe

AXIS Re, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Joe Sweeting as head of Lloyd’s casualty reinsurance.   12 June 2019

Insurance

US cyber insurance premiums up 10% to over $2bn in 2018, finds Aon

Cyber insurance premiums in the US increased to $2.03 billion in 2018, a rise of around 10 percent from 2017, analysis by Aon has revealed.   12 June 2019

Insurance

AI insurtech Lemonade enters European market backed by AXA Germany

AI-powered insurtech company Lemonade has entered the European market with the launch of its contents and liability insurance product in Germany – its first major market outside of the US.   12 June 2019

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