LMA states that the new future model will be advanced, data-driven and customer-centric.
The company's data platform helps insurance carriers reduce property claim cycle.
Asia Pacific re/insurers are experiencing low growth, underwriting margins and investment income, says Aon's Moore.
Tech giants are now the ones to watch as insurers are no longer measured against their peers.
The additional capital takes the total raised by the carrier to $2.7bn since its launch in 2018.
Enstar, Stone Point and Dowling will get $30m from sale; Inigo to operate as a Lloyd’s specialty insurer.
The insurer looks to expand its offering in the commercial and contract surety markets.
Jonathan Michael will continue to serve as the chairman of RLI's board of directors.
Zywave looks to invest in long-term strategic growth through more M&As.
The broker has launched a tech, media and telecom programme on its DBS platform.