Industry News
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 ...
Hi Marley Envisions Expansion of Its Intelligent Communications Platform With $25M Venture Investment
Hi Marley raised $25 million in new funding it will use to fuel further expansion of its AI-enabled texting platform for the insurance industry. Emergence Capital led the Boston-based InsurTech's ...
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 ...
UPDATED: Google Hires Deloitte Digital’s Walsh to Lead North America Insurance Business
Google has hired former Deloitte Digital partner Nigel Walsh to lead its insurance business in North America. Walsh disclosed the news on Twitter and LinkedIn. He noted on LinkedIn that he'll be part ...
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 ...
Risk Alerts: Car Thieves Targeting Catalytic Converters; Alexa Concerns
Car thieves are targeting catalytic converters to access the valuable precious metals they contain. Researchers have identified new vulnerabilities in Amazon's Alexa. *** Increased climate ...
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 ...