News

Insurance

Pay-as-you go insurtech Zego raises $42 million to fund European expansion

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has raised $42 million Series B funding from investment firm Target Global, with other backers including TransferWise founder Taavet Hinrikus.   19 June 2019

Insurance

Aon partners with insurtech Hi Marley for AI-powered platform

Re/insurance broker Aon has formed a strategic alliance with insurtech firm Hi Marley to improve insurers’ customer engagement through an artificial intelligence-enabled messaging solution.   19 June 2019

News

Insurtechs that enable rather than disrupt see greater success: Indio CEO

Insurtechs have significantly improved the awareness and adoption of technology, although enablers have seen far greater success than the disruptors in the traditionally slow-moving insurance industry.   19 June 2019

Alternative Risk Transfer

PERILS acquires Canadian loss aggregator CatIQ in expansion move

Zurich-based catastrophe insurance data provider PERILS has acquired Canadian loss and exposure aggregation firm Catastrophe Indices & Quantification (CatIQ).   18 June 2019

Insurance

Willis Towers Watson hires EY's Sutcliffe to lead insurance investment solutions group

Broker Willis Towers Watson has appointed Gareth Sutcliffe as head of the Insurance Investment Solutions Group (IISG), which is part of the company’s insurance consulting and technology (ICT) UK life business.   18 June 2019

Insurance

S&P lifts Lloyd's outlook as capital position and underwriting performance improves

S&P Global Ratings has revised the outlook of Lloyd's of London and its core subsidiaries to stable from negative, following changes made by the specialist re/insurance market to improve its overall underwriting performance.   17 June 2019

Insurance

Swiss Re subsidiary ReAssure confirms IPO, expects LSE listing in July

ReAssure, a subsidiary of Swiss Re, has confirmed plans to undertake its initial public offering as per its announcement on the 7 June 2019.   14 June 2019

Insurance

Marine insurers face ‘cocktail of risk’ after Gulf of Oman tanker attacks

Attacks on two oil tankers in the Gulf of Oman on Thursday will force insurance underwriters to scrutinise voyages more closely with premium increases for vessels in the region a “near certainty”, an industry expert has said.   14 June 2019

Insurance

Legal & General unveils first blockchain reinsurance platform using Amazon

UK insurer Legal & General Group has developed what it claims to be the "first pension risk transfer execution platform driven by blockchain technology" using Amazon Web Services (AWS).   13 June 2019

Insurance

Insurtech Hi Marley attracts $8.7m Series A funding for AI-powered platform

Massachusetts-based insurtech firm Hi Marley has secured $8.7 million Series A funding from early stage venture capital firm True Ventures, with participation from Underscore VC.   13 June 2019

Not finding what you're looking for, please try resetting your applied search and filters,
or try the full site search.