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.
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-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 Corporation has appointed Marlo Edwards as president of Verus Underwriting Managers, succeeding Dale Pilkington, who is retiring.
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).
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 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, the reinsurance business segment of Bermuda-based AXIS Capital Holdings, has hired Joe Sweeting as head of Lloyd’s casualty reinsurance.
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.