News

Insurance

Insurtech funding falls 45% to date in 2023, now at 21 quarter-low

Insurtech never punched its weight in VC funding, so falls less in VC drought.   30 June 2023

Insurance

Falvey bolsters marine cargo underwriting with new appointments

The insurer seeks to capitalise on growth opportunities in the cargo insurance sector.   30 June 2023

Insurance

Chubb appoints new country president for South Africa

The current president is relocating to the UK to lead Chubb’s Midlands & South Region.   30 June 2023

Insurance

Cat bond flurry toys with record in Q2 even as spreads tighten

Cat bond issuance in 2023 has led solo drive to a $100 billion ILS market.   30 June 2023

Insurance

SiriusPoint appoints ex-QBE/Berkshire/Liberty executive to leadership

The appointee is a highly experienced general counsel with a broad legal background.   30 June 2023

Insurance

Lemonade taps early investor for innovative customer growth financing

‘Synthetic Agent’ plan will pay agency commission early, then hand Lemonade lifetime profits.   30 June 2023

Insurance

Mid-year renewals bring rate-taming capacity; equilibrium still elusive

Risk-adjusted rate gains for US & Florida property cat slowed to 25-35%, drew new capacity.   30 June 2023

Insurance

MGA Corvus adds generative AI to cyber underwriting

It expects the enhancements to enable higher growth and greater book value.   30 June 2023

Insurance

Alliant snags Gallagher executive for key US Southeast role

He is tasked with leading growth and expansion in Mississippi and Louisiana markets.   30 June 2023

Insurance

Novidea taps new CTO to fuel global expansion after $50m funding

The insurtech has raised a total of $90m thus far.   29 June 2023

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