Articles

Insurance

AI insurtech omni:us lands €1.6m European funding to develop machine learning-powered claims solution

Berlin-based artificial intelligence (AI) powered insurtech start-up omni:us has secured €1.6 million of European Commission funding to develop its machine learning-powered insurance claims platform.   26 September 2019

Insurance

Re/insurance potentially 'decisive' in tackling climate change, Bank of England’s Mark Carney tells UN Climate Action Summit 2019

Mark Carney, the governor of the Bank of England, said the re/insurance sector has a “crucial” role and “unique contribution” to make in tackling climate change and smoothing the transition to a 1.5 degree world.   26 September 2019

Insurance

AXA XL bolsters mergers & acquisitions underwriting team in US

Insurer AXA XL has promoted promoted mergers & acquisitions (M&A) underwriting duo Michelle Jensen and Pietro Tarone in the US.   26 September 2019

Insurance

Insurtech Digital Fineprint raises $4m to fund expansion plans in North America

London-based insurtech start-up Digital Fineprint (DFP), a provider of commercial insurance analytics, has secured a $4 million investment from Eos Partners and Pentech Ventures to support its expansion plans, and formed a new partnership with RSA Insurance Group.   26 September 2019

Insurance

Chaucer appoints new non-executive director to board

Specialty re/insurer Chaucer has appointed Lesley Watkins as non-executive director.   26 September 2019

Insurance

Clyde & Co strengthens London marine team with partner hire from Kennedys

Law firm Clyde & Co has appointed Andrew Yarwood as a partner in its London marine cargo group.   25 September 2019

Insurance

Mutual insurers in good shape with higher capital adequacy ratios: Aon and Namic

Mutual insurance companies in the US are in strong financial shape and less leveraged than those quoted on the stock exchange.   24 September 2019

Insurance

Lloyd’s survey reveals 500 workers witnessed sexual harassment in past year

Lloyd’s of London has pledged to change its ways dramatically after a survey found that nearly 500 workers had witnessed sexual harassment in the space of a year.   24 September 2019

Insurance

Commercial insurtech Bold Penguin raises $32m Series B led by HSCM, Lockton

US-based commercial insurance technology company Bold Penguin has secured $32 million Series B funding led by Hudson Structured Capital Management (HSCM), Lightstone, Guggenheim Insurance, Lockton, existing investors and individuals from Stone Point Capital.   24 September 2019

Insurance

Hannover Re US partners with fitness app Sweatcoin to research how physical activity mitigates mortality risks

A joint research project to study how daily physical activity can reduce the risk of disease and extend life expectancy has been launched by Hannover Life Reassurance (Hannover Re US), part of the Hannover Re Group, and Sweatcoin a digital health app.   24 September 2019

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