International
Executives On The Move at One Concern, The Hartford, Players Health and Markel
A former Swiss Re Executive is taking on a leadership position at One Concern, an AI startup focused on building the global resilience market. The Hartford promoted a rising executive within its ...
Bolttech Raises $180M to Supercharge Insurance Company Matchmaker Platform
Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm Activant Capital Group, that valued it at more than $1 billion. The New York ...
Global Cyber Reinsurance Rates Skyrocketed 40 Percent for July Renewals: Willis Re
Global cyber reinsurance rates have soared by up to 40% in the July renewal season, reinsurance broker Willis Re said on Thursday, as ransomware attacks increase in number and severity. A ransomware ...
Better Use of Science Could Boost Climate Lawsuits
Newly-available scientific evidence, which could prove critical to the success of climate-related lawsuits, is often not produced in court, according to a new study published by the Oxford ...
EIS Eyes New Insurance Software Growth Phase With $100 Million TPG Investment
Insurance software company EIS secured a $100 million investment from private equity firm TPG, money designed to help it accelerate product development across multiple product lines. A geographic ...
EU to Update Workplace Safety Rules to Address Remote Work, Mental Health
The European Commission plans to update its rules on worker safety to reflect the shift millions employees made to working from home during the COVID-19 pandemic and to reflect the anticipated ...
Global RV Rental/Travel Marketplace Outdoorsy Raises $120M, With Plans to Expand Insurance Division
Digital MGA Roamly is poised for expansion, thanks to more than $120 million in equity and debt financing raised by parent company Outdoorsy - a global online RV rental and outdoor travel ...
Hiscox Agrees to Arbitration Settlement with UK Policyholders over COVID-19 BI Losses
Hiscox has agreed an arbitration settlement with a group of policyholders over business interruption losses due to the government's COVID-19 lockdown last year, the Lloyd's of London insurer said on ...