Innovisk Capital Partners, a London-based global insurtech start-up, has unveiled a new underwriting agency, called Themis, focussing on the provision of mergers and acquisitions (M&A) insurance solutions.
Technology-driven risk solutions provider Sedgwick has named Wayne Cheng its new chief operations officer (COO) for Asia.
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.
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).
Massachusetts-based insurtech firm Hi Marley has secured $8.7 million Series A funding from early stage venture capital firm True Ventures, with participation from Underscore VC.
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.
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.
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.
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.
Charles Taylor InsureTech has launched an office in Dubai in response to the growing demand for technology-related business transformation programmes in the regional insurance market.