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Insurance
Beyontec, a global technology solutions provider for the insurance industry, has introduced a shrink-wrapped version of its core insurance solution – the Beyontec Suite - for non-standard auto Managing General Agents (MGAs). 17 October 2019
Insurance
Quantemplate, a provider of self-service, cloud-based automated data solutions for the re/insurance industry, has closed on more than $12 million in a recent funding round led by Route Sixty-Six Ventures and Transamerica Ventures, with participation from Anthemis Group, Allianz X, and Insight Catastrophe Group. 16 October 2019
Insurance
Insurance agency The Hilb Group (THG) has acquired New Jersey-based LCIA, Inc. DBA Campisano Insurance Agency (LCIA). 16 October 2019
Insurance
Ryan Specialty Group (RSG) has acquired the assets and operations of The Suitelife, from Venture Insurance Programs. 16 October 2019
News
RSG Transactional Risks Europe is the new brand for RSG’s successful transactional risk insurance business which has recently opened an office in continental Europe. Here, its business leaders discuss their strategy to expand its reach and product range with Intelligent Insurer. 16 October 2019
Insurance
RKH Specialty has hired Jason Humphreys and Alex Robinson to add to its specialist aviation team in London as part of its ongoing expansion in aviation. Humphreys will join in February, with Robinson joining a month later once they have discharged their obligations under current contracts at Marsh. 15 October 2019
Insurance
Modest core underwriting margin expansion is expected in the domestic P&C insurance industry according to Keefe, Bruyette & Woods (KBW) analysts’ newly released 2Q19 P&C Industry Results report. They have updated their domestic P&C insurance industry earnings model with ISO’s recently published 2Q19 results. 15 October 2019
Insurance
Terrorism cover might reach up to 2-4 percent of investment portfolios as investors look to diversify away from pure natural catastrophe risks. 15 October 2019
Insurance
Industrial insurer HDI Global and Schneider Electric are to collaborate on the digital transformation of industrial insurance through data. 15 October 2019
Technology
The launch of blockchain insurance startup B3i’s Cat XoL product is opening the door for the re/insurance industry to embrace distributed ledger technology. B3i’s chief marketing officer Ken Marke outlines its aims. 14 October 2019
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