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Insurance
Brolly, a UK-based personal AI-driven insurance app, said on July 28 that it has closed a £1 million seed round led by Valar Ventures, Pi Labs and Entrepreneur First. 31 July 2017
Insurance
Honan Insurance Group made a number of leadership changes prompted by its decision to revise company strategy targeting growth in Australia, New Zealand and South East Asia. 27 July 2017
Insurance
Copenhagen-based specialty non-life insurer Gefion has closed a private placement of €10 million Solvency II-compliant subordinated notes, with funds managed by Fermat Capital Management. 25 July 2017
Insurance
The UK government has brought in new regulations that have created what it calls a competitive regulatory and tax regime for Insurance Linked Securities (ILS) which will ensure that UK gets a share of this rapidly growing market. 24 July 2017
Insurance
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Angus Hampton as underwriter in its casualty reinsurance division. 24 July 2017
Insurance
Howden, the retail broking arm of Hyperion Insurance Group, has completed the acquisition of Singapore-based specialist broker Sterling Knight. 24 July 2017
article
The arguably disruptive nature of peer-to-peer insurance is worrying more traditional players as it continues to gain market share. Intelligent Insurer investigates. 24 July 2017
Alternative Risk Transfer
Catastrophe risk modeling firm AIR Worldwide, a Verisk Analytics business, has launched the industry’s first comprehensive severe thunderstorm model for Australia that explicitly captures all three sub-perils — hail, tornado, and straight-line wind - to help companies assess and manage severe thunderstorm risk. 24 July 2017
Insurance
Brooks Insurance Agency, the wholesale division of US-based Venbrook Specialty Services, has appointed Ben Hoover as vice president and broker to expand its offerings nationally. 24 July 2017
Insurance
The capacity for the forthcoming Indian entity will be provided by Markel’s Syndicate 3000 at Lloyd’s and written through the Lloyd’s India platform, based in Mumbai. 24 July 2017
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