News

Insurance

HDI-backed Swedish insurtech Hedvig raises $10.4m for market expansion

Stockholm-based digital insurance start-up Hedvig has secured 100 million SEK ($10.4 million) in a Series A funding to expand its operations beyond the Nordics.   29 August 2019

Insurance

Insurtech Kin raises $47m to launch Florida carrier with Hudson Structured backing

Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program.   28 August 2019

Insurance

Pay-as-you go insurtech Zego partners with mobility start-up Drover

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with mobility start-up Drover.   28 August 2019

Insurance

Delta Insurance appoints former Lloyd's Asia CEO Kent Chaplin to board

Specialist insurance provider and Lloyd’s of London coverholder Delta Insurance Group has appointed Kent Chaplin to its advisory board.   28 August 2019

Insurance

AM Best: 2017/18 cat losses cause downgrades to outpace upgrades in H1 2019

Rating downgrades during the first half of 2019 outpaced rating upgrades for the first time in five years, according to a new AM Best report.   27 August 2019

Insurance

Aon launches Accident, Health & Life practice group to harness growth for Reinsurance Solutions

Aon has created a global Accident, Health & Life practice group in its Reinsurance Solutions business to help insurers take advantage of growth opportunities in the sector.   27 August 2019

Insurance

Aon: Tropical storm Dorian projected to become hurricane

Tropical storm Dorian is expected to become a hurricane with warnings in place for St. Lucia, according to the Aon cat report.   27 August 2019

Insurance

Gallagher: quarter of SMEs hit by crisis event in 2018 increasing risk of collapse

Research from Gallagher has found that nearly a quarter (24 percent) of UK small and medium enterprises (SME) were affected by a crisis event last year, with the subsequent trading paralysis putting thousands of them at risk of collapse.   27 August 2019

Insurance

HDI hires Stephanie Ogden as director of distribution for UK and Ireland

Industrial lines insurer, HDI Global SE (HDI) has confirmed Stephanie Ogden as its new director of distribution for UK and Ireland operations, she will take up the post on September 2, 2019.   27 August 2019

Insurance

CAC Specialty taps up Colin Daly to co-lead its Financial Lines Practice

CAC Specialty has appointed Colin Daly to co-lead of its Financial Lines Practice (FLP) as he takes up the post of executive vice president.   27 August 2019

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