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Suez Canal Blockage Continues to Disrupt Global Trade, Hitting Supply Chains

Apr 9 2021 // LONDON/LOS ANGELES – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry...

Indian Insurtech Policybazaar Plans Mumbai IPO

Apr 7 2021 // Indian online insurance platform Policybazaar is planning to file a draft prospectus as soon as next month for its Mumbai initial public offering that could raise about $500 million, according to people familiar with the...

UK Insurtech Zego Launches Flexible Cover for Food, Grocery Delivery Businesses

Apr 5 2021 // Zego, the London-based insurtech and commercial motor insurance provider, has launched two new flexible insurance products for moped and e-bike fleets in the UK. The new products, developed in partnership with Wakam,...

Homeland Security Chief Prioritizes Disrupting Ransomware in Cyber Efforts

Apr 5 2021 // Department of Homeland Security (DHS) Secretary Alejandro Mayorkas said last Wednesday that dealing with ransomware will be a top priority, highlighting the growing threat of the data-scrambling software. Ransomware...

Suez Canal Must Upgrade to Avoid Future Shipping Disruption: Sources

Apr 5 2021 // CAIRO – Egypt’s Suez Canal must move quickly to upgrade its technical infrastructure if it is to avoid future shipping disruption, shipping industry sources said, as the major trade route tries to bounce back from...

BI Innovation Coming Soon: Low-Limit Policies from Insurtech Thimble

Apr 5 2021 // See a need and then fill it. That’s the secret of most successful businesses — and that was the driving motivator of insurtech Thimble, which is currently working on coverage for small business customers during...

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