Markets
Kin Insurance Upgrades Reinsurance Program to Beef Up Disaster Protection Capacity
Kin Insurance said it has upgraded its reinsurance program to enhance its disaster protection and beef up its ability to serve catastrophe prone regions, particularly in light of worsening climate ...
T-Mobile Discloses Data Breach Affecting 40 Million People
T-Mobile US Inc said on Wednesday an investigation into a data breach revealed that personal data, including social security numbers and driver's license information, of more than 40 million former ...
Switzerland Lays Out Climate Risk Disclosure Timeline, Joining an Elite Group
The Swiss government on Wednesday joined a small number of rich countries that have set a timeline for major companies to disclose the risks they face from climate change. Global powers have been ...
Hagerty, an Insurer of Classic Cars, Will Go Public in $3B SPAC Deal
Hagerty, an insurer of classic cars, has agreed to go public through a merger with SPAC Aldel Financial Inc in a deal that values it at $3.13 billion, the companies said on Wednesday. Hagerty ...
TrustLayer Pulls in $15M to Fuel Expansion of Digital Insurance Verification Platform
TrustLayer nailed down more than $15 million in new venture financing. The Florida-based InsurTech, focused on digitizing the insurance verification process, plans to use the money for hiring, ...
HDVI, a Digital MGA Focused on Commercial Auto Cover, Raises $32.5M
High Definition Vehicle Insurance Group is planning new products and a national expansion, following $32.5 million in new venture funding. HDVI is an InsurTech MGA focused on commercial auto ...
Risk Alerts: Gender Reveal May Have Caused Wildfire, Death of Firefighter
Despite numerous reports of destruction and even death, many couples still insist on throwing elaborate and risky gender reveal parties—often with unintended consequences. Carrier Management first ...
InsurTech Quotall Links With Broker Acrisure in New Strategic Partnership
InsurTech software and services company Quotall said it is partnering with global insurance broker and fintech services provider, Acrisure. Under the arrangement, Acrisure will provide insurance ...