Articles

Insurance

Insurtech Kin raises $47m to launch Florida carrier with Hudson Structured backing

Chicago-based insurtech start-up Kin has raised $47 million funding from new investors including Hudson Structured Capital Management (HSCM Bermuda), August Capital, Avanta, and UChicago Startup Investment Program.   28 August 2019

Insurance

Commercial P&C shows ‘signs of continued market firming’ in Q2 2019 with 7th quarter of price rises, finds CIAB

The Council of Insurance Agents & Brokers (CIAB) has reported signs of continued market firming in Q2 2019 as premium pricing for commercial property and casualty (P&C) showed “moderate increases” in the second quarter of the year.   28 August 2019

Insurance

Liberty promotes Nicholas Garside to head of Bermuda property

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Nicholas Garside to the role of head of Bermuda property.   28 August 2019

Insurance

Munich Re's ERGO partners with AI-powered insurtech FRISS to improve claims process

Insurtech FRISS, a provider of artificial intelligence-based fraud and risk solutions for the property/casualty (P&C) insurance industry, has partnered with Munich Re company ERGO Germany.   28 August 2019

Insurance

Pay-as-you go insurtech Zego partners with mobility start-up Drover

London-based insurtech Zego, a provider of pay-as-you-go insurance for drivers and riders who work flexibly with their own vehicles, has partnered with mobility start-up Drover.   28 August 2019

Insurance

Delta Insurance appoints former Lloyd's Asia CEO Kent Chaplin to board

Specialist insurance provider and Lloyd’s of London coverholder Delta Insurance Group has appointed Kent Chaplin to its advisory board.   28 August 2019

Insurance

HDI hires Stephanie Ogden as director of distribution for UK and Ireland

Industrial lines insurer, HDI Global SE (HDI) has confirmed Stephanie Ogden as its new director of distribution for UK and Ireland operations, she will take up the post on September 2, 2019.   27 August 2019

Insurance

Liberty Mutual acquisitions 'a transformative step' for Hamilton as it plots growth path

Bermuda-based Hamilton Insurance Group has completed its acquisition of Pembroke Managing Agency and its platform at Lloyd’s, as well as Dublin-based carrier Ironshore Europe DAC (IEDAC), from Liberty Mutual Group.   22 August 2019

Insurance

MS Amlin starts trading risks digitally on Whitespace

Global re/insurer MS Amlin has started trading risks on Whitespace Software Limited, a London-based technology company.   21 August 2019

Insurance

SSL Endeavour appoints group non exec chair Palmer-Brown and CFO Crossland as it finalises ‘significant’ aviation M&A

Specialist independent Lloyd’s broker SSL Endeavour has unveiled two “important” senior executive hires for the group on the same day it confirmed it was finalising the acquisition of Worldlink Holdings, a North American aviation brokerage and MGA.   21 August 2019

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