Wirecard Hires Forensic Investigator, Say Sources. Findings Could Aid in D&O Litigation. July 21, 2020 By Arno Schuetze and Alexander Hübner German payments company Wirecard has hired Alix Partners for a forensic investigation of the accounting scandal that led to its...
January’s Hailstorms in Australia Cost Insurers an Estimated A$1.8B (US$1.3B): PERILS July 21, 2020 The industry loss footprint for the January 2020 Australian hailstorms, which occurred Jan. 19-21, 2020, are estimated at A$1.8 billion...
UK Insurtech Startup battleface Offers COVID-19 Travel Insurance Package July 21, 2020 Travel insurance provider battleface announced a new COVID-19 travel insurance package. The new policy will give travelers the peace of...
BHSI Names Amandi from Allianz as Head of Financial Institutions in Germany July 21, 2020 Berkshire Hathaway Specialty Insurance (BHSI) announced that it has named Dr. Frank Amandi as head of Financial Institutions, for Executive...
Update: Uber Braces for UK Legal Battles that Could End Its Reign in London July 21, 2020 By Ellen Milligan Uber Technologies Inc. is bracing for a long summer of legal battles that could see the end of its reign...
France Weighs Insurance Options to Protect Companies, Jobs from Future Pandemics July 21, 2020 By Alexandre Rajbhandari The French government is looking at ways to shield companies from the impact of future pandemics. The goal is to...
Private Equity Firm Aquiline Closes Investment in Dutch Broker Quintes Holding July 20, 2020 Aquiline Capital Partners, a global private investment firm specializing in financial services and technology, announced it has closed its investment...
Swiss Re Appoints Bewersdorf as CEO of iptiQ, Its Digital Insurance Platform July 20, 2020 Swiss Re announced it has appointed Carlo Bewersdorf as CEO of iptiQ, its digital platform. Bewersdorf will start in this...
Aviation Broker Piiq Risk Partners Receives License to Operate in France July 20, 2020 Piiq Risk Partners, the global aerospace re/insurance broker, announces that it has received regulatory approval to operate in France. Piiq’s...
SoftBank-Backed Indian Fintech Startup Seeks IPO Valuation of More Than $3.5B July 20, 2020 By Saritha Rai Online insurance platform Policybazaar aims to go public in 2021 at a valuation north of $3.5 billion, potentially becoming the...