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Insurance
AI-powered insurtech firm Lemonade Insurance Company is planning to create open source policies with an aim to make them simple, approachable, relevant, and digital, according to CEO and co-founder Daniel Schreiber. 16 May 2018
Insurance
California-based insurtech startup Ladder as secured $10 million strategic investment from Allianz Life Ventures and Northwestern Mutual Future Ventures. 16 May 2018
Insurance
GDPR (General Data Protection Regulation) fines which can reach up to 4 percent of a group's annual global turnover are only insurable in Finland and Norway from a group of 30 reviewed jurisdictions, according to Aon and DLA Piper research. 16 May 2018
Insurance
American International Group (AIG) has rehired Mark Lyons as senior vice president and chief actuary, general insurance. 15 May 2018
Insurance
California-based cyber insurance start-up At-Bay has secured a $13 million Series A funding. 14 May 2018
Insurance
Talanx group units Hannover Re and HDI Global are merging their specialty activities in a new joint venture in order to capture global growth and high-margin specialty business. 11 May 2018
Insurance
New York-based AmTrust Financial Services reported a net income increase to $675.9 million in the first quarter of 2018 compared to $50.2 million in the same period a year ago. 11 May 2018
Insurance
Insurance brokerage and risk management firm Arthur J Gallagher has signed a definitive agreement to acquire 100 percent of the equity interests of Pronto Holdco, the parent company of Pronto Insurance. 11 May 2018
Insurance
US-based Boost Insurance, a technology-enabled insurance platform built to enable emerging insurtech startups, has secured a dedicated reinsurance facility led by investment manager Nephila, with participation from Markel Digital and RenaissanceRe. 10 May 2018
Insurance
Zurich Insurance Group has seen growth in its property/casualty (P&C) business in Latin America and Asia Pacific, but this expansion was offset by actions focusing on profitability in North America. 9 May 2018
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