Travelers Makes ‘Strategic Minority Investment’ in Fidelis Insurance Holdings July 14, 2021 The Travelers Companies said it has made a “strategic minority investment” in Fidelis Insurance Holdings, a privately-owned global specialty insurer...
‘Stripe-Like’ Insurance Management API Lula Raises $18 Million July 14, 2021 insurtech startup Lula plans to aggressively hire and expand its product capacity now that it has raised $18 million in...
What Insurers Should Know as Ransomware Takes Center Stage July 14, 2021 By Elizabeth Blosfield Cyber criminals aren’t just stealing passwords and data. They’re stealing the spotlight. Amid the ongoing COVID-19 pandemic that has been...
Verizon, Huawei Reach Patent Infringement Settlement as Trial Underway July 14, 2021 By David Shepardson Chinese telecommunications company Huawei Technologies Co. Ltd. and U.S. group Verizon Communications agreed to settle a pair of lawsuits alleging...
Judge Dismisses Alabama Candidate Moore’s $95M Suit Against Comedian, Showtime July 14, 2021 By Jonathan Stempel British comedian Sacha Baron Cohen on Tuesday won the dismissal of a $95 million defamation lawsuit by Roy Moore, a...
Ransomware Gang REvil’s Websites Vanish; Reason Unknown July 14, 2021 By Raphael Satter Websites run by the ransomware gang REvil suddenly became unreachable on Tuesday, sparking widespread speculation that the group had been...
IGI Launches European Subsidiary in Malta, Led by Mallia-Milanes from MAPFRE July 14, 2021 International General Insurance Holdings Ltd. (IGI) announced it has set up a European subsidiary in Malta in order to access...
Marsh Launches Saudi Arabia Engineering Hub July 14, 2021 Insurance broker Marsh announced the launch of its Engineering Hub in Al-Khobar, Saudi Arabia. The Engineering Hub is Marsh’s third...
UK Government’s Safety Plan for High-Rise Buildings Could Push Away Investors: Aviva July 14, 2021 By Olivia Konotey-Ahulu Aviva Plc, the UK insurer and asset manager, warned the government that new safety proposals for high-rise apartment blocks could...
South Africa Develops Public-Private Scheme to Provide Drought Insurance for Farmers July 14, 2021 By Emma Rumney JOHANNESBURG – Happy Letsitsa hasn’t paid off the money he borrowed to survive a 2019 drought that ravaged his maize...