U.S.
QOMPLX Eyes Global Growth After Planned Reverse Merger Deal
QOMPLX, an InsurTech focused on cyber security risk analytics, said it will become a public company in a reverse merger agreement and then acquire two other companies. The Virginia-based outfit ...
Reinsurers Will Seek More Rate Hikes After ‘Good’ January Renewals: S&P
Global property and casualty reinsurers saw "good" rate increases during the January 2021 renewals but they came up short of a hard market, dashing reinsurers' hope of a strong start for 2021, ...
Allianz, Munich Re Link With Google to Insure Its Cloud Users
Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its cloud services, the first time a major provider has opened up such insurance to its ...
Aon and Praedicat Will Jointly Focus on Product Liability Risks
Aon said it would collaborate with analytics company Praedicat on developing a range of specialist liability reinsurance products and services that address product liability risks including ...
Florida’s TypTap Attracts $100M Investment to Fuel Flood Insurance Expansion
TypTap, a Florida-based InsurTech startup that writes private market homeowners and flood insurance, attracted $100 million in financing from investment firm Centerbridge Partners. Plans call for ...
Root Loses $363M in 2020, Will Accelerate Growth Plans in 2021
Root Inc.'s second earnings report as a public company reveals that the digital auto insurance startup continues to lose substantial amounts of money but it is generating substantial premium and ...
BrokerTech Ventures Announces 2021 Cohort Class for Accelerator
BrokerTech Ventures (BTV), the industry's first broker-led investor group and accelerator program, has selected 12 InsurTech startups to take part in its 2021 accelerator curriculum. Aclaimant in ...
Executives On The Move at CNA, Ascot and Grange Insurance
CNA appointed a new head of its Small Business arm. Ascot picked an executive to lead its operations in Bermuda. Grange Insurance appointed a new board member.