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Insurance
Insurtech startup Wrisk, which is backed by firms like Munich Re, Hiscox and QIC, has raised over £500,000 in two days in its second crowdfunding campaign. 31 May 2018
Insurance
Flock, a London-based startup that wants to use of real-time data in insurance, has raised a£2.25 million seed funding round from a range of global investors. 29 May 2018
News
The Singapore Reinsurers’ Association (SRA) has re-elected Marc Haushofer, chief executive officer Asia Pacific & EVP of Validus Reinsurance Company, as its chairman for another term. 25 June 2018
Insurance
Lloyd’s Lab, the experimental development hub for Lloyd’s of London, has unveiled its second cohort of 12 teams, which include AI, gig economy, and language processing innovators. 29 April 2019
Insurance
The London Market Group (LMG) has released a white paper to discuss the creation of a foreign aid catastrophe bond (FAB) at a roundtable in the House of Commons. 14 July 2016
Insurance
Tokio Marine Kiln (TMK) has unveiled a drastic reorganisation of its Asian operations, which includes closing its Hong Kong office with immediate effect, citing challenging market conditions. 24 October 2018
Insurance
Castel Underwriting Agencies, an MGA formation platform that supports individual underwriters with smaller books of niche business, has expanded its Castel Specialty portfolio with the addition of a political risk book. 21 May 2018
Insurance
Willis Re has appointed Brian Shea, previously head of Willis Towers Watson Securities Europe, as managing director and head of strategic and financial analysis for Willis Re International. 24 January 2019
Awards
While innovation and the ability to be responsive to clients’ needs are often highly valued qualities within a rapidly changing reinsurance industry, sheer size and financial strength are also qualities still considered critical by many buyers. 19 June 2013
Insurance
Re/insurer XL Catlin has extended its global mergers and acquisitions (M&A) capacity by 20 percent to $60 million, in order to better address the transactional liability insurance needs of clients, brokers and other deal professionals. 16 May 2018
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