UK Insurtech, Send Technology, Raises £9 Million to Expand in UK and U.S. November 16, 2022 Send Technology Solutions Ltd., the London-based insurtech, announced it has closed a Series A funding investment of £9 million ($10.7...
EU Monitors FTX Collapse as Major Crypto Law Enters Final Stages November 16, 2022 By Lyubov Pronina The European Union is monitoring the collapse of crypto exchange FTX Group as the bloc tries to cross the finish...
UK Government in Advanced Talks With Regulators on Insurance Capital Reforms November 16, 2022 By Katherine Griffiths The UK government is close to an agreement with regulators over insurance capital reforms intended to release billions of pounds...
European Countries Face Strikes, Protests Due to High Energy Prices, Cost of Living November 15, 2022 European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details...
Five Iran-Connected Oil Tankers Lose Their Flags Following U.S. Sanctions November 15, 2022 By Marianna Parraga The international ship registries of Djibouti and the Cook Islands suspended the flags on five oil tankers, following sanctions by...
AI-Powered Claims Specialist omni:us Closes €12M Financing Round November 15, 2022 omni:us, the Berlin-based provider of artificial intelligence-powered insurance claims automation, has closed its €12 million ($12.4 million) Series A+ expansion...
People Moves: Marsh Names Adamantiadis CEO, Continental Europe; SCOR Taps Chubb’s Bartolo for EIL; Chubb Global Mkts Promotes Driscoll in Financial Lines November 15, 2022 This edition of International People Moves details appointments at Marsh, SCOR, and Chubb Global Markets, A summary of these new...
Antares Bermuda Receives Approval From Lloyd’s to Write Business as Coverholder November 15, 2022 Antares announced that Antares Global Management (Bermuda) Ltd. (AGML Bermuda) has received approval from Lloyd’s to operate as a Lloyd’s...
Aircraft Lessor BOC Aviation Sues 16 Insurers Over Claims for Jets Stuck in Russia November 14, 2022 BOC Aviation Ltd. has begun legal action in pursuit of claims against 16 insurers over aircraft the lessor owns that...
Legacy Specialist Enstar Completes Loss Portfolio Transfer With Argo Group November 14, 2022 Enstar Group Ltd., the Bermuda-based legacy acquisition specialist, announced that one of its wholly owned subsidiaries has closed its loss...