News
Insurance
Insurtech ChainThat, a provider of blockchain solutions for the re/insurance industry, is planning to launch the industry's first Distributed Ledger Technology (DLT) driven risk and capital exchange in Bermuda. 6 March 2019
Insurance
Lloyd’s Brussels, the new Brexit subsidiary of London-centred specialist re/insurance market Lloyd’s, has received authorisation to underwrite insurance and reinsurance risks located in Monaco. 6 March 2019
Insurance
US insurtech start-up Pie Insurance has secured $45 million in Series B funding round led by SVB Capital, Sirius Group, Greycroft, Moxley Holdings, Aspect Ventures, and Elefund. 6 March 2019
Insurance
Orchid Insurance has hired Joe Zuk as managing director of it Corporate Development and Strategy team, a new role in the company. 5 March 2019
Insurance
Aon has partnered with insurtech firm Skytek to monitor insurers’ marine risks and identify areas that require enhanced underwriting and reinsurance in real time.The development was driven by the rise of major container ports and mega ships, which expose re/insurers to risk accumulation during a catastrophe. To manage this risk monitoring vessel movements and estimating cargo accumulation has become critical for insurers. 5 March 2019
Insurance
Ian Tomlin has joined Special Contingency Risks (SCR) to lead and manage the strategic development of its accident and health offering. 5 March 2019
Insurance
AXA has revealed its plan to expand into a new market through a partnership with mobile phone insurance provider Pier Insurance. 4 March 2019
Insurance
Bermuda-based mortgage insurance provider Essent Group, a subsidiary of Essent Guaranty, has secured $473.2 million of fully collateralised excess of loss reinsurance coverage. 4 March 2019
Insurance
Insurance firms in the Americas region will continue to “dominate” global M&A activity despite a predicted drop in deal-making for the first half of 2019, a report from law firm Clyde & Co has said. 4 March 2019
Insurance
Broker Arthur J Gallagher is acquiring the global aerospace operations of Jardine Lloyd Thompson Group (JLT). 4 March 2019
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