Specialty
Claims Management InsurTech Snapsheet Raises $30 Million
Snapsheet, a claims management platform InsurTech, raised $30 million in new financing that will help further build out its cloud-based system and meet customer demand that has surged in the wake of ...
Lloyd’s of London Brokers Could Trade Pinstripes for Pajamas After Pandemic
When the pandemic is over, the brokers of Lloyd's of London could haggle with underwriters from home in their underpants, and ditch their pinstripes at the office. A trade body representing brokers ...
Pie Insurance Raises $118M From Allianz and More
Pie Insurance has pulled in $118 million in new funding, with the workers compensation provider attracting financing from Allianz and others. Executives at the Denver-based InsurTech will use the ...
The Latest Launches From Lloyd’s, Amwins and Kin
Lloyd's launched a parametric earthquake insurance policy in New Zealand. Amwins Specialty Logistics Underwriters is expanding into the Canadian market to serve Canada's growing logistics industry. ...
Risk Alerts: Toxic Baby Food and Endless Summers
Several popular baby food manufacturers are under fire for selling products containing toxic heavy metals. Climate change could be impacting seasonal lengths—leading to crop loss and environmental ...
Presenting: The World’s First CAT Bond for Volcanic Eruptions
The Danish Red Cross is offering the world's first catastrophe bond for volcanic eruptions, which is designed to improve the provision and efficiency of humanitarian relief after eruptions of 10 ...
AIG Debuts Lodging Cover for International Travelers Stuck With Positive COVID Tests
American International Group's travel insurance unit has started marking lodging coverage for travelers prevented from boarding a commercial flight to the U.S. after receiving a positive COVID-19 ...
UFG Insurance Will Diversify Risk Profile Through U.S. Reinsurance Expansion
UFG Insurance is looking to diversify across the U.S. by expanding into assumed reinsurance business – partly via quota share arrangements, such as the recently announced deal with Topsail Re, a ...