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AI-powered insurtech company Lemonade has secured $300 million in Series D funding round led by Japanese conglomerate SoftBank Group, with participation from Allianz, General Catalyst, GV (Google Ventures - the venture capital investment arm of Alphabet), OurCrowd, and Thrive Capital. 12 April 2019
Insurance
Property/casualty insurer Chubb has appointed Sara Mitchell as division president for the UK and Ireland retail business. 11 April 2019
Insurance
With six months under his belt as CEO of Axa UK & Ireland, Claudio Gienal has started a strategy revamp to take the business into the future. 8 April 2019
Insurance
Mitsui Sumitomo Insurance (MSI), a subsidiary of Japanese insurance group MS&AD, has set up two digital hubs in Tokyo and Singapore to support the company's digital transformation strategy. 8 April 2019
Insurance
Broker Gallagher has appointed John Thompson as chief executive officer (CEO) of the UK’s specialty London market and wholesale businesses. 8 April 2019
Insurance
Reinsurance broking and risk/capital management firm TigerRisk has appointed Guy Carpenter's Kevin Feldman as a partner. 8 April 2019
Insurance
Ariel Re, a subsidiary of Bermuda-based Argo Group, has hired its new head of marine and energy, reinsurance from Tokio Millennium Re. 8 April 2019
Insurance
UK general insurer Allianz has appointed QBE's Jon Hesketh for its engineering, construction and power unit. 8 April 2019
Alternative Risk Transfer
Spanish insurer Mapfre took some tough decisions last year—and also underperformed, according to its chief executive. Now, it wants to reap the rewards of these changes as well as its diversification to move into a new chapter, Antonio Huertas, chairman and CEO, tells Intelligent Insurer. 4 April 2019
Insurance
Global loss adjuster McLarens has appointed Graham Smart to the newly created global role of chief commercial officer, as it looks to ramp up its strategic growth plans and expand its service offerings. 4 April 2019
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