Innovation
InsurTech Data Startup Insurdata Raises Over $1M in Seed Funding
Insurdata, a London, UK-based InsurTech startup, said it raised more than $1 million in seed financing from the likes of Menlo Ventures, Anthemis Group, Plug and Play and other investors. Insurdata ...
The Latest Launches From PURE, The Zebra and Allied World
The PURE Group of Insurance Companies is releasing new coverage for individuals and families hit with financial losses stemming from fraud and cyber fraud. The Zebra, an online auto insurance ...
The Latest Launches From Karen Clark & Co. and AIR Worldwide
Karen Clark & Company released its new Severe Convective Storm Reference Model. AIR Worldwide Worldwide has introduced a new inland flood model for Japan, along with enhancements to its Japan ...
Impatient InsurTechs Will Create MGAs, Carriers On Their Own
More than 1,000 technology startups are seeking a role in insurance and risk management, and they're doing so with or without traditional distribution partner collaboration, an industry panel said ...
Insurance Innovation Is (So Far) More Harmonious, Less Disruptive Than Expected
There is no shortage of commentators claiming that the rise of InsurTech will transform traditional insurance beyond recognition. It's time, then, to distinguish between hype and the real changes ...
The Latest Launches From BHSI, Ironshore, Beazley and American Family
Berkshire Hathaway Specialty Insurance expanded its inland marine product line in Canada. Ironshore Hong Kong launched a specialty professional lines product post-commercial litigation protection for ...
AIG’s UK Arm Underwrites Its First Sharia-Compliant M&A Policy
AIG UK said on Thursday it had underwritten its first sharia-compliant warranty and indemnity policy out of London's M&A insurance market, as the city looks to Islamic finance to help bring new ...
Hamilton Insurance Group Chooses Munich Re’s Albo as New CEO
Hamilton Insurance Group has chosen a Munich Re executive as its next chief executive officer. Pina Albo will become CEO of the Bermuda-based insurer and reinsurer on Feb. 1, 2018, replacing Interim ...