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Beazley takes part in £2.3m Digital Risks funding round

Europe, London16-07-2018Insurance news, Technology News

Insurtech startup Digital Risks, a digital-only insurance broker has raised £2.25m in an investment round led by Concentric, with participation from Atami Capital, Seedcamp, London Co-Investment Fund and Beazley.

Lloyd’s correctly predicts World Cup result for second time

France, Global, London Market16-07-2018Insurance news, Reinsurance News

Specialist re/insurance market Lloyd’s has correctly predicted that France would win the 2018 FIFA World Cup based on insurable value.

UK insurance gender pay gap at 24%

UK16-07-2018Insurance news, Reinsurance News

The Chartered Insurance Institute (CII) has analysed all 192 insurers, intermediaries, service providers, financial advisors and loss adjusters in the UK who have published pay gap data, and identified an average gender pay gap of 24 percent (measured as median hourly difference).

Coface appoints new LatAm CEO from Swiss Re

Latin America16-07-2018Insurance news

Credit insurer Coface has appointed a new CEO for the Latin America region from Swiss Re Group.

HDI UK taps Allianz property head to drive international business

Global, UK16-07-2018Insurance news

HDI Global UK, the industrial insurer of the Talanx group, has hired Allianz's Jon Bartlett as director of property to bolster its property underwriting lines and drive international business.

London insurtech iXledger unveils blockchain insurance

London, UK16-07-2018Insurance news, Reinsurance News, Specialty, Technology News

UK insurtech firm iXledger has launched a blockchain insurance product in partnership with a London-based broker operating in the international specialty insurance markets.

Brown & Brown buys Arkansas-based CSI Insurance

North America16-07-2018Insurance news

Insurance broker Brown & Brown has acquired the assets of Coffman-Standridge CSI Insurance, an Arkansas-based provider of property and casualty insurance products.

Tokio Marine Kiln partners in marine automation push

UK16-07-2018Insurance news, Technology News

Tokio Marine Kiln (TMK) has entered into a partnership with NTT DATA UK to develop robotics services.

UK motor premiums fall for fourth consecutive quarter: Willis Towers Watson

UK16-07-2018Insurance news

Comprehensive car insurance premiums in the UK have again fallen during the second quarter of 2018, with UK motorists now paying £752 on average, 11 percent less than they were paying this time last year, according to the latest Car Insurance Price Index in association with Willis Towers Watson.

Zurich taps Allied World exec for new MGA leadership role

Europe13-07-2018Insurance news, Reinsurance News, Specialty

Zurich Insurance has appointed Enrico Bertagna to the new role of head of managing general agents (MGA) network for commercial insurance.

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