News
Insurance
California-based artificial intelligence (AI) start-up Betterview, an insurtech platform provider for property transactions, has entered into a commercial agreement with EMC Insurance Companies. 22 August 2019
Insurance
US-based specialty insurer JenCap Holdings is to acquire Aran Insurance Services Group, a specialty programme administrator with offices in Arizona, Colorado, Massachusetts and New York. 22 August 2019
Insurance
Everest Insurance, the specialty insurance division of Bermuda-based Everest Re Group, has hired Kyle Adams to lead its Bermuda insurance operations. 22 August 2019
Insurance
Bermuda-based Hamilton Insurance Group has completed its acquisition of Pembroke Managing Agency and its platform at Lloyd’s, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group. 22 August 2019
Insurance
US-based data and analytics firm Zendrive has raised $37 million in its Series B funding led by AXA XL's insurtech venture capital fund XL Innovate. 22 August 2019
Insurance
DARAG, a company that focuses on buying legacy firms, has hired James Insley to be CFO, reporting to Tom Booth, CEO, pending regulatory approval. 21 August 2019
Insurance
P&C ‘can catch up with’ personal lines to leverage advanced analytics for growth: Swiss Re Institute
Commercial lines “can catch up with” personal lines when it comes to the increasing use of advanced analytics to “unlock tangible value”, the Swiss Re Institute's latest sigma report has found. 21 August 2019
Insurance
Specialist independent Lloyd’s broker SSL Endeavour has unveiled two “important” senior executive hires for the group on the same day it confirmed it was finalising the acquisition of Worldlink Holdings, a North American aviation brokerage and MGA. 21 August 2019
Insurance
Profitability for non-life reinsurers' underwriting rose in the first half of 2019 caused in part by below average catastrophe losses, which in turn helped to offset mixed results for life reinsurers, according to Fitch Ratings. 20 August 2019
Insurance
Funding for fintech is rising at a dramatic pace with positive implications for insurtech developments ramping up pressure on legacy firms to compete, research suggests. 20 August 2019
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