Specialty
Insurers, Reinsurers Ready for Fight Over UK COVID-19 Business Interruption Payments
Top insurance companies, ordered by Britain's highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who ...
Cowbell Cyber Pulls in $20M From Brewer Lane, Markel, Others
Cowbell Cyber nailed down $20 million in new venture capital financing from multiple investors. The InsurTech and MGA provides multi-faceted cyber insurance and related services to small and ...
New Capital Not Impacting ‘Extraordinary’ 2021 Market: Berkley
External capital supporting new entrants to the property/casualty insurance and reinsurance markets is a "drop in the bucket" when measured against the magnitude of recent events, an industry leader ...
Essential Workers Worry About Safety, Jobs as States Ease Mask Rules
Leo Carney worries that bigger crowds and mask-less diners could endanger workers at the Biloxi, Mississippi, seafood restaurant where he manages the kitchen. Maribel Cornejo, who earns $9.85 an hour ...
Tokio Marine Probes Validity of Greensill Insurance Policies Following Finance Firm’s Insolvency
Japanese insurer Tokio Marine Holdings Inc said on Wednesday it is investigating the validity of insurance policies provided by its Australian unit to speciality finance firm Greensill. Greensill ...
Corvus Secures $100M VC Infusion; Expansion Planned for Smart Cyber Cover and More
Corvus Insurance is prepping a major expansion and surge in product development now that it has secured $100 million in new venture capital financing. Insight Partners led the Boston startup's Series ...
The Latest Launches From Beazley and MS&AD Insurance
Beazley has new D&O coverage options for firms that enable reverse mergers. Cambridge Mobile Telematics teamed with a member of Japan's MS&AD Insurance Group to launch a new usage-based ...
Executives On The Move at Chubb, BHSI and Marsh
Chubb chose a veteran executive to lead its operations in Australia and New Zealand. Berkshire Hathaway Specialty Insurance appointed former executives from AIG and Great American to leadership ...