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Insurtech VC firm IA Capital Group raises $150m
Insurance
Insurtech-focused venture capital firm IA Capital Group has raised $150 million across its three funds focusing on property/casualty, life/annuity/retirement, and later-stage fintech opportunities.   3 April 2019
CLS Risk to ‘wake sleeping giant’ with renewables permit challenge insurance
Insurance
CLS Risk Solutions (CLS), a provider of property and renewables development risk cover, has launched permit challenge insurance for renewable energy infrastructure.   3 April 2019
AXA XL makes senior appointment in Bermuda professional lines unit
Insurance
Re/insurer AXA XL has promoted Jennifer Minors to senior vice president, product line leader in its Bermuda professional lines insurance business.   3 April 2019
Insurance
Marsh & McLennan Agency (MMA), the middle market agency subsidiary of broker Marsh, has entered a new market with the acquisition of Arizona-based Lovitt & Touché, one of the state’s largest independent insurance agencies.   3 April 2019
Insurance
Specialty managing general agent (MGA) Nexus Group has secured a £16 million funding that it plans to use in advancing its merger and acquisition (M&A) activity.   3 April 2019
Insurance
Specialty insurance group Tokio Marine HCC has acquired 100 percent of NAS Insurance Services, a US-based cyber and professional liability specialist.   2 April 2019
Insurance
Broker Willis Towers Watson has appointed Eleonora Geamanu to lead its business in Romania.   2 April 2019
Insurance
Munich Reinsurance America (Munich Re US) has launched a new personal lines homesharing insurance product for hosts who rent their homes out for a profit in the US.   2 April 2019
Insurance
Allianz Insurance has appointed Nick Rossiter to the position of motor damage strategy manager, following the retirement of Stuart Munro.   2 April 2019
Insurance
Bermuda-based Monument Re is to acquire a €140 million portfolio of Irish annuities from insurer Rothesay Life.   2 April 2019

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