Articles
Insurance
TrackActive, a UK-based InsurTech startup, said it is on target to raise the £300k it needs in seed funding after it partnered with Gen Re, lead investor HR Tech Partnership, and other angel investors through Seedrs. 13 February 2019
Alternative Risk Transfer
The spate of heavy losses in 2017 and 2018, compounded by ‘loss creep’ as some funds struggled to post accurate loss estimates, seems to have made ILS investors pause for thought, with many being much more circumspect as to where to place their money. Intelligent Insurer investigates. 13 February 2019
Insurance
Chicago-based Ryan Specialty Group (RSG) has signed a definitive agreement to acquire the assets and operations of International Specialty Insurance Services (ISI). 13 February 2019
Insurance
London-based managing general agent Lodestar Marine, a part of Ryan Specialty Group (RSG), has entered into an agreement with Bermuda-based Aspen Insurance to provide protection and indemnity (P&I) insurance to the owners of small and specialised ships. 13 February 2019
Insurance
Italian insurer Generali has completed the acquisition of a majority stake in Sycomore Factory SAS, the controlling company of Paris-based Sycomore Asset Management. 13 February 2019
Insurance
San Francisco-based Socotra, an insurtech startup, has raised an additional $5.2 million in funding from Mitsui Sumitomo, Nationwide and venture firm 8VC. 13 February 2019
article
European insurers are well positioned to manage the disruption caused by Brexit but, warns global ratings agency S&P, any wider global downturn will bring volatility, which is likely to mean persistent low interest rates. 13 February 2019
Insurance
Lloyd's re/insurance broker RFIB Group has established new permanent offices in Montecasino, Johannesburg, to further expand its presence in Africa. 12 February 2019
Insurance
Bermuda-based re/insurer Ascot and specialty insurer Beazley have come together to launch a Lloyd’s based cargo consortium that uses insurtech solutions to help manage risk and claims performance. 12 February 2019
Insurance
As the deadline for a no deal Brexit moves closer, the French government has published emergency measures relating to financial services and insurance, global law firm Clyde & Co has confirmed. 11 February 2019
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