Insurtech Descartes Underwriting Raises $120M to Expand Parametric Product Offering January 31, 2022 Descartes Underwriting, the insurtech company that specializes in parametric natural catastrophe products, has announced a $120 million Series B funding...
People Moves: Liberty GTS Expands in Europe; AEGIS London Promotes Yeldham to CUO; Brit Names Argo’s Allen, MAP’s Poynder for Property Facilities Team January 28, 2022 This edition of International People Moves details appointments at Liberty Global Transactions, AEGIS London and Brit Ltd. A summary of...
QBE Launches Sustainable Energies Unit to Support Clients’ Transition to Lower Carbon January 28, 2022 QBE has launched a Sustainable Energies unit to support customers as they transition to lower carbon energy. The unit will...
FERMA Launches Risk Management Tool for Remote Working January 28, 2022 The Federation of European Risk Management Associations (FERMA) has launched a simplified guide to risk mapping for remote working. The...
Insurtech MIC Global Receives ‘In-Principle’ Approval to Launch Lloyd’s Syndicate January 28, 2022 Insurtech MIC Global has received “in-principle” approval from Lloyd’s for the creation of MIC Global Insurance Syndicate 5183. UK-based MIC...
UK Regulator to Review ‘Crippling’ Post-Grenfell Property Insurance Costs January 28, 2022 Property insurers have forced “crippling costs” onto residents of apartment blocks in the aftermath of the Grenfell disaster, the U.K....
Allianz and UniCredit Expand Longstanding Multi-Country Bancassurance Agreement January 28, 2022 Allianz and UniCredit have signed a multi-country agreement to build on the companies’ longstanding bancassurance partnership which began in 1996....
Insurtech Unicorn Bolttech Weighs Raising $300M in Fresh Funds January 28, 2022 By Vinicy Chan and Manuel Baigorri Bolttech, an insurance technology unicorn backed by Hong Kong billionaire Richard Li, is considering raising $200 million to $300 million...
UK Insurer First Central Weighs Sale That Could Value Business at £600M: Sources January 27, 2022 By Jan-Henrik Förster British insurer First Central Group Ltd. is considering a sale that could value the business at about 600 million pounds...
Everest Re Group Signs UN Principles for Sustainable Insurance January 27, 2022 Everest Re Group Ltd. announced it has become an official signatory of the UN Principles for Sustainable Insurance (PSI), a...