News
Parametric InsurTech Startup FloodFlash Raises $15M for International Expansion
FloodFlash, the UK parametric insurance technology company that pays catastrophic flood claims within 48 hours, announced a Series A capital raise of $15 million. The round was led by Chicago-based ...
NASA Concerned About SpaceX Satellite Deployment Plan
The National Aeronautics and Space Administration (NASA) raised concerns about SpaceX's plan to deploy about 30,000 satellites for its Starlink, as have some major companies. Elon Musk's SpaceX ...
A Sign of Ransomware Growth: Gangs Now Arbitrate Disputes
Cyber criminal gangs are getting increasingly adept at hacking and becoming more professional, even setting up an arbitration system to resolve payment disputes among themselves, according to a new ...
Tech Bytes: New Partnerships at ClarionDoor, CLARA, Cruise
ClarionDoor, a Zywave company and provider of insurance product distribution services, announced a new partnership with Dark Matter Insurtech LLC, a provider of digital services for excess and ...
Hey, P/C Insurance Professionals: Predict the 2022 Super Bowl Winner and Score
It's that time of year again. Time for a little fun. The insurance industry tries to predict losses. Can the industry predict winners? Which team will win Super Bowl LVI on Sunday? Cincinnati or Los ...
Hamilton Launches U.S. E&S Insurer
Hamilton Insurance Group has launched a U.S. excess and surplus lines insurer. The new company, Hamilton Select Insurance Inc., has received a financial strength rating of "A-" (Excellent) from A.M. ...
Zurich Insurance Reports 35% Increase in 2021 Operating Profit to $5.7B
Zurich Insurance expects continued revenue and profit growth in the next two years, its chief financial officer said on Thursday, after the Swiss insurer reported its biggest annual profit since the ...
Major Companies Failing Net-Zero Climate Pledge Test: Report
The climate pledges of 25 of the world's largest companies will have only a limited impact on their actual greenhouse gas emissions, according to a new report. The Corporate Climate Responsibility ...