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Novidea secures $30 million in Series B financing, led by IGP
Insurance
Novidea will use the funding to expand its operations in the USA and Europe and accelerate product innovation.   1 June 2021
Insurtech VC appoints ex-AIG/Swiss Re exec as chief operating officer
Insurance
The executive is well-known in the industry for his deep understanding of both underwriting and technology.   28 September 2021
MGA experts suggest that insurers may do without underwriters
Insurance
Traditional insurers are too slow to react to trends in the sector and managing general agents (MGA’s) may be able to adapt more quickly and efficiently, offering the necessary expertise and potentially making the insurer’s underwriting capabilities become obsolete, according to a panel discussion at the 2017 Managing General Agents’ Association conference.   5 July 2017
Insurance
The MGA looks to grow a ‘sustainable’ portfolio with profitable loss ratios; expects to write north of $15m GWP in two years.   17 March 2022
Insurance
Arch Insurance International has invested in Archipelago Risk Services (Archipelago), a personal lines managing general agency backed with underwriting capacity from Arch Insurance (UK).   20 March 2019
Insurance
“Automation tools can empower your carrier to vastly improve your customer claims experience, says Blue Prism”   3 May 2022
News
Its P&C Re achieved 19% higher prices at the April renewals in the current hard market.   4 May 2023
Insurance
It will return cash to shareholders if market conditions do not match the risk, says CEO Henchoz.   12 September 2023
Insurance
The company has hired a Berkshire Hathaway SVP to lead its expansion into a new market.   22 December 2021
Insurance
Jean-Marc Raby has resigned from the reinsurer's board to pursue other interests.   9 November 2020

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