Insurtech Hi Marley attracts $8.7m Series A funding for AI-powered platform
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.
SCOR Global Life bolsters France leadership in expansion move
French reinsurer SCOR's international life and health subsidiary SCOR Global Life has made three new appointments to strengthen its position in the French market.
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.
WR Berkley hires Argo US casualty practice leader Edwards to lead Verus Underwriting
WR Berkley Corporation has appointed Marlo Edwards as president of Verus Underwriting Managers, succeeding Dale Pilkington, who is retiring.
Insurtech UK teams up with Department for International Trade to lead tech revolution
Insurtech UK, an alliance of 52 insurtech startups joined by associate members of the insurance industry and service partners, has entered into a partnership with the UK's Department for International Trade (DIT).
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.
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.
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.
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.
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.
