News

Technology

New reinsurance vehicle Bondaval Re launched by insurtech MGA after funding boost

It is backed by an European VC who invested in a PayPal-owned company and Cover Genius.   31 May 2024

Insurance

Targeting specialty P&C market, Ambac buys majority stake in Beat for $282m

Ambac is also selling its financial lines book to Oaktree in a transformation strategy.   6 June 2024

Insurance

Chubb skyrockets aviation insurance game with strategic MGA acquisition

The insurer has snapped up a specialist MGA in general aviation insurance.   5 June 2024

Insurance

Lockton sets Lloyd’s sights high with ‘excellent’ key hire from Aon

New hire says the Lloyd’s market is producing ‘exceptional returns’ for capital providers.   7 June 2024

Insurance

Panel: navigating challenges in the cyber insurance market

Building stronger partnerships will help the insurance market encourage more capital into cyber risk, an Intelligent Insurer panel agreed.   7 June 2024

Insurance

Florida reforms slash insurance carrier defence costs in 2023

Defence & containment costs fell 53% y/y for Florida-focussed carriers after 2022 reforms.   3 June 2024

Insurance

Leadership shift at Ascot in major move to fuel multi-year strategic plans

Its Bermuda CEO will relocate to London and be succeeded by head of casualty and specialty.   7 June 2024

Insurance

Victor snares Marsh executive to spearhead ‘unique’ Dutch business

The appointee boasts 30 years of diverse insurance and insurtech experience.   7 June 2024

Insurance

European MGA Alta Signa expands to ‘diverse and sophisticated’ Swiss market

It will initially focus on D&O, with plans to extend to FI, cyber, and marine business.   7 June 2024

Insurance

Specialty MGA Nirvana adds SCOR/Argenta Lloyd’s syndicates to MTC capacity panel

The MGA has renewed its media, tech & cyber binder with an increased $10m capacity.   7 June 2024

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