Technology/Science
InsurTech MGA Corvus Nails Down a $10M Series A Financing
Corvus Insurance has secured $10 million in new venture financing, money the InsurTech-focused managing general agent plans to use to jump into additional lines of commercial insurance. Two firms led ...
Startup Understory Raises $7.5M; Produces Weather Data for Insurers, Others
Understory, a producer of weather and related analytics data for insurers and others, raised $7.5 million in new financing designed to help propel an international expansion. The Wisconsin-based ...
Cloud Computing Is Becoming a Pricy Business Interruption Risk: Hartford Steam Boiler
Cloud computing is shaping up to be a pricy and challenging business interruption risk, according to a new survey from Munich Re/Hartford Steam Boiler. According to the 2018 HSB survey, 34 percent of ...
Executives On The Move at Liberty Mutual, Hamilton Re and Willis Towers Watson
Liberty Mutual Insurance appointed four executives who will beef up the technology capabilities of its chief information officer. Hamilton Re hired away a Hiscox Re executive to fill a newly created ...
Hippo, Seller of Online Homeowners Insurance, Attracts $70M in New Financing
Hippo, a provider of super-quick homeowners insurance, said it has pulled in a new $70 million financing round designed to fuel an ongoing expansion of its customer-focused online products and ...
The Latest Launches From CoreLogic and Ping An Property & Casualty Insurance
CoreLogic said it is bringing to Canada its Flood Risk Score and Weather Verification Service. Ping An Property & Casualty Insurance Co. in China entered into a cooperation agreement that will ...
Cathay Pacific Airways Faces Hong Kong Probe Over Massive Data Breach
Hong Kong's privacy commissioner will launch a compliance investigation into Cathay Pacific Airways over a data breach involving 9.4 million passengers, saying the carrier may have violated privacy ...
Cyber Risk Management Firm Zeguro Secures $5M Financing From Munich Re, QBE, Others
Cyber Risk management firm Zeguro closed a $5 million seed financing round, attracting insurance industry investors including Munich Re and QBE. Both insurers made the capital contributions through ...