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AI-powered insurtech Zesty.ai raises $13m capital for expansion
Insurance
US-based artificial intelligence (AI) startup Zesty.ai has secured a $13 million investment in its Series A financing round, led by Luxembourg-based private investment fund Blamar.   10 December 2018
Chubb, Lockton fined $8.3m for NRA-branded insurance
Insurance
The New York State Department of Financial Services (DFS) has fined Chubb and Lockton a combined $8.3 million for underwriting an NRA- (National Rifle Association) branded insurance programme.   8 May 2018
Strategic importance of digital grows as insurance evolves
Technology
Insurers are at a crossroads as AI drives industry evolution. Richard Hartley, CEO of insurtech Cytora, outlines the areas to watch as things progress.   26 May 2020
Insurance
AmTrust at Lloyd’s has appointed Chris Gibbs as its new head of space, joining from Osprey Aerospace.   18 January 2018
Insurance
Broker Willis Towers Watson has appointed a number of asset management experts in its FINEX financial institutions practice to further expand its offering globally.   29 April 2019
Insurance
Broker Willis Towers Watson has appointed Christophe Meurier as global head of financial solutions, succeeding Paul Davidson who will continue as chairman of the business unit.   29 April 2019
Insurance
London-based managing general agent (MGA) startup Agile Risk Partners and US-based insurtech OnRisk are collaborating to develop an advanced, CAD-style platform for underwriting, structuring and distributing high-value P&C risk.   19 October 2018
Insurance
Reinsurance broker JLT Re, a subsidiary of Jardine Lloyd Thompson Group, has appointed Guy Carpenter executive Scott MacColl as head of credit and surety for North America.   16 July 2018
Insurance
Ethos Specialty Insurance Services, a managing general agency (MGA) and an Ascot Group company, has hired Kevin Mooney as senior vice president and head of small and medium enterprise (SME) casualty from CapSpecialty.   17 July 2018
Insurance
US personal lines insurer Allstate Corporation estimated catastrophe losses for the month of May 2018 at $278 million, pre-tax ($220 million after-tax).   22 June 2018

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