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San Francisco-based Socotra, an insurtech startup and the creator of the first cloud-native insurance core platform, has raised $5.5 million in a Series A funding round with Silicon-Valley based technology investment firm 8VC. 25 September 2018
Insurance
AXIS Insurance, the insurance business segment of Bermuda-based AXIS Capital Holdings, has partnered with DUAL North America, the underwriting arm of the Hyperion Insurance Group, on a multi-product environmental risk programme. 25 September 2018
Insurance
Specialist insurer Markel International has hired a senior underwriter from MS Amlin for its PACE (personal accident, contingency, entertainment) team. 25 September 2018
Insurance
The Insurance Institute of London (IIL) has named Nicolas Aubert, head of Great Britain for Willis Towers Watson, as its new president. 25 September 2018
Insurance
Re/insurer AXA XL which has recently completed its merger has appointed Paul Greensmith as UK CEO replacing Paul Jardine who is leaving the group later this year. 24 September 2018
Insurance
Swiss Re has hired Andreas Berger from Allianz Group as chief executive of Swiss Re Corporate Solutions. 24 September 2018
Insurance
Fitch Ratings has placed the ratings of Marsh & McLennan Companies (MMC) on Rating Watch Negative following its agreement to acquire Jardine Lloyd Thompson Group (JLT) for roughly $5.6 billion. 24 September 2018
Insurance
Investors are putting more capital into life & health (L&H) insurtech ventures than in property/casualty (P&C) insurtech firms. 24 September 2018
Insurance
Tamesis Dual, part of the underwriting arm of the Hyperion Insurance Group, has appointed Ben Love as director of underwriting, based in London. 24 September 2018
Insurance
Hedgehog, a new online motor insurance provider targeting drivers who face higher than average premiums has been launched in Gibraltar. 24 September 2018
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