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California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has closed a $4.5 million Series A round bringing the total funding to $10 million. 28 May 2019
Insurance
Lorega, a UK managing general agent (MGA), has completed a management buyout from a number of minority shareholders. 25 February 2016
Alternative Risk Transfer
January 1 retro and European reinsurance purchasing tend to be a good indicator of what ILS market activity will look like for the rest of the year. If that trend continues, 2020 is set to be a busy year for ILS, perhaps even rivalling 2017, says Brad Livingston of Willis Re Securities. 27 February 2020
Alternative Risk Transfer
China’s Belt and Road Initiative, the economic project which aims to recreate the ancient Silk Road that linked Europe to Asia, needs protecting. ILS could provide the perfect solution, as Kirill K. Savrassov, chief executive of Phoenix CRetro Reinsurance Company, tells Intelligent ILS. 21 November 2019
Insurance
Cunningham Lindsey, the global loss adjusting, claims, management and risk solutions firm, has launched MGA Guardian, a range of services for managing general agencies (MGAs) supported by Ambant Underwriting Services (AUS). 9 February 2016
Insurance
The reinsurer believes a number of trends will converge to drive up prices. 16 September 2020
Insurance
Specialty insurer OneBeacon Insurance Group has exited the crop business following the sale of its managing general agency Climate Crop Insurance Agency. 4 August 2015
Insurance
Markel Corporation said on Oct. 11 that it expects to report third quarter pre-tax underwriting losses of $503 million, net of reinstatement premiums, from Hurricanes Harvey, Irma and Maria as well as the Mexico City earthquakes. 12 October 2017
News
Sciemus, a provider of modelling and analytics to the global insurance markets, has appointed a new board of directors and chief executive officer. 29 March 2016
Insurance
London-based specialty insurer Newline Group is launching its post-Brexit European Union insurance hub in Cologne, Germany. 29 May 2018
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