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B3i raises funding, targets commercial blockchain market
Insurance
The blockchain insurance industry initiative B3i is finalising a funding round as it plans to target the commercial insurance market.   23 November 2018
Insurtech fundraising reaches all-time high
Insurance
Global fundraising for insurtech startups has already reached an all-time high in volume in 2018 as of October with 204 deals, following 202 deals in the full year of 2017 and 174 transactions in 2016, according to the latest The Insurtech M&A Market Report by Hampleton Partners.   20 November 2018
Blockchain initiative B3i cooperates with RiskBlock Alliance
Insurance
B3i, the blockchain insurance industry initiative, is cooperating with RiskBlock Alliance in the development and setting of data standards for the insurance industry.   15 November 2018
Insurance
A trend toward bespoke insurance products driven by available technology and data is one of the reasons why Lloyd’s broker AFL Insurance Brokers decided to acquire US-based Zodiac Insurance Services, AFL CEO Bob Finch, told Intelligent Insurer.   13 November 2018
Insurance
Lloyd’s has approved the 2019 business plan of Arcus 1856 syndicate with an increase in property insurance capacity.   13 November 2018
Insurance
Zurich Insurance UK has partnered with insurtech firm Greater Than to implement Greater Than’s artificial intelligence (AI)-based, digital risk assessment platform on the entire Sixt car fleet in Ireland.   13 November 2018
Insurance
French insurer AXA has upgraded its management liability product to include Brexit cover.   13 November 2018
Insurance
Structured reinsurance solutions drove impressive growth at Hannover Re across the first nine months of the year as it also confirmed that it anticipates a profit of more than €1 billion this year, even making allowance for a one-time charge from its life and health reinsurance business. But its CEO also warned on what he called sustained intense competition.   8 November 2018
Insurance
Barbican Syndicate 1955 has received the Lloyd’s approval for its 2019 business plan which includes a withdrawal from property insurance, marine cargo and hull insurance, and professional indemnity (PI) insurance.   8 November 2018
Insurance
As it readies to be taken over by The Hartford Financial Services in a deal that values it at $2.1 billion, Navigators Group posted a solid set of results and returned to profit in the third quarter of 2018.   8 November 2018

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