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Insurance
Viva Republica, a South Korean fintech startup that developed financial services app Toss, has secured a $40 million round of funding from Singapore-based investment firm GIC and Sequoia China. 19 June 2018
Insurance
Re/insurer XL Catlin has entered into an underwriting agreement with a new insurtech-focused programme administrator Bamboo Insurance to provide property insurance in California. 19 June 2018
Insurance
Crawford & Company, a provider of claims management solutions, has sold its legal administrative services unit Garden City Group (GCG) to legal services company Epiq. 19 June 2018
Insurance
Insurance brokerage and risk management firm Risk Strategies has acquired California-based employee consulting and benefits brokerage Craford Benefit Consultants. The deal expands its geographic footprint and builds expertise in complex cases and financial modelling. 19 June 2018
Insurance
Specialist insurer Life Company Consolidation Group (LCCG) has agreed to acquire UK's mutual life insurer Equitable Life. The transaction is expected to complete towards the end of 2019. 18 June 2018
Insurance
AI-powered insurtech firm Lemonade Insurance Company has filed a lawsuit against ONE Insurance, its parent wefox Group and founder Julian Teicke, over claims of it copying Lemonade’s app and website. 15 June 2018
Insurance
The 2018 FIFA World Cup in Russia involves a number of significant risks for those involved, including the World Football association, FIFA, organisers in Russia, sponsors and broadcasters, along with the football players and fans. 15 June 2018
Insurance
Bermuda-based property and casualty re/insurer Sompo International Holdings has launched a new transaction risk insurance line of business, expanding its professional lines insurance offerings, in Europe. 15 June 2018
Insurance
Ironshore has expanded its mergers & acquisitions (M&A) team to meet the growing demand in the Americas and develop new solutions to address the complex transactional risks. The company has hired senior executives from Aon, AIG and XL Catlin. 15 June 2018
Insurance
US-based Sequoia Reinsurance has begun operations focusing on HMO reinsurance and provider excess, while appointing former PartnerRe executive Dan Bolgar as its CEO. 15 June 2018
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