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Gradient AI, an artificial intelligence solutions provider in the insurance technology space, has raised $6 million in a Series A financing led by Forte Ventures and Sandbox Insurtech Ventures. The round also includes participation from Gradient’s existing investor MassMutual Ventures. 7 October 2019
Insurance
UK brokers are increasingly modernising their trading practices to embrace e-trading, with 94 percent currently placing business electronically, according to FWD Research, a research consultancy, which has competed a report on the use of e-trading by brokers. 2 July 2019
Insurance
If you think crypto is just for criminals or a passing fad, think again, say the team at insurtech Superscript, as they discuss the insurance opportunities in this growing line of business. 27 May 2022
Insurance
State-owned reinsurance group China Re has completed its 100 percent equity acquisition of Hanover Insurance international Holdings - the holding company of Chaucer Holdings - from The Hanover Insurance Group. 2 January 2019
Insurance
EC3 Consultants, a business support organisation targeting the insurance industry, has launched a General Data Protection Regulations (GDPR) review and audit service to support insurance companies, brokers and MGAs grappling with the new data requirements. 4 July 2017
Insurance
It is the largest single penalty against an insurance producer in the state’s history. 3 January 2020
Insurance
Tokio Marine HCC's crop insurance unit Producers Ag Insurance Group (ProAg) is set to acquire US-based crop managing general agent (MGA) International Ag Insurance Solutions. 23 March 2017
Insurance
Chicago-based Ryan Specialty Group (RSG) is to acquire the assets and operations of Atlantic Specialty Lines (ASL), a privately owned wholesale insurance brokerage headquartered in Richmond, Virginia. 9 May 2019
Alternative Risk Transfer
The deal uses an indemnity trigger and provides protection against windstorm and other weather-related events. 19 November 2019
Insurance
Newline Insurance Company (Newline Insurance), a specialty insurer, has appointed Manuel Wirtz as its general manager to lead and oversee operations of a new branch office to be established in Germany. 4 October 2016
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