Insurtech Startup bolttech Raises $180 Million, Valuing Firm at More Than $1B July 1, 2021 By Jane Lanhee Lee Insurance tech startup bolttech on Thursday said it raised $180 million in a funding round, led by private investment firm...
People Moves: Willis Re’s Johns and Aon’s O’Donoghue to Carpenter; Garzon Succeeds Laidlaw at McLarens’ LatAm Business June 30, 2021 Guy Carpenter & Co., the reinsurance business of Marsh McLennan, announced the appointments of James Johns as managing director, effective...
Google Vows to Target Online Financial Scams in Britain June 30, 2021 Google will clamp down on financial fraud on its platform in Britain, saying on Wednesday that all financial services will...
French Court Refuses to Dismiss Fire Charges Against Buffett-Owned Lubrizol June 30, 2021 By Tangi Salaun A French appeal court on Wednesday rejected a request by chemicals group Lubrizol to have judicial charges over a fire...
Denmark’s Central Bank Compromised by SolarWinds Cyber Attack: Media Report June 30, 2021 COPENHAGEN – Denmark’s central bank was compromised in last year’s global SolarWinds hacking operation, leaving a “backdoor” to its network...
EU Weighs Measures to Bring Financial Sector into Line with Its Climate Plans: Sources June 30, 2021 By Huw Jones The European Union is considering a wide range of measures to bring the bloc’s financial sector into line with its...
QBE Re Opens Office in Colombia, Hiring Hofmann from Howden June 30, 2021 QBE Re announced the opening of a new Colombian office and a key regional hire to support local reinsurance in...
UK Government Expected to Back Insurance Scheme for Live Entertainment June 30, 2021 By Carolyn Cohn and Barbara Lewis The British government is expected to announce an insurance scheme in the coming weeks for live events, including festivals, theater...
Central London Could Lose as Many as 835,000 Jobs to Remote Working: Report June 29, 2021 By Jill Ward Central London could lose as many as 835,000 jobs in the aftermath of the COVID-19 pandemic, with employees in service...
People Moves: Swiss Re’s Render to Peak Re; Aon’s Denbigh to TigerRisk’s Retro Unit; Price Forbes’ Fox to Oneglobal June 29, 2021 The following international People Moves provides details of appointments at reinsurer Peak Re and two brokers, TigerRisk and Oneglobal. A...