Skyrisks Prepares to Launch as MGA for Advanced Air Mobility Sector March 27, 2023 Skyrisks Ltd. is set to launch as a managing general agent, partnering with capacity provider Convex Group Ltd., aiming to...
Insurtech Startup Quotech Announces £1 Million Investment Led by Re/insurer Convex August 8, 2022 Quotech, the insurtech that creates data-taming systems for specialty insurers, brokers, and MGAs, has raised £1 million from a number...
Brand Appointed Group CEO of Convex July 1, 2022 The Board of Convex Group Ltd., the Bermuda-based specialty re/insurer, announced that Paul Brand, who founded the business in 2019...
Convex Europe Receives UK Regulatory Approval December 2, 2021 Convex Group Ltd. announced that the UK branch of its recently established Luxembourg-based European insurer, Convex Europe SA (CES) has...
Convex Gets NAIC Approval to Operate as Reciprocal Jurisdiction Reinsurer in U.S. November 30, 2021 Convex Group Ltd. announced that Convex Insurance UK Ltd. (CIL) and Convex Reinsurance Ltd. (CRL) have received approval from the...
Speciality Re/Insurer Convex Launches European Subsidiary With A- Rating From S&P September 20, 2021 Convex Group Ltd. announced the launch of a Luxembourg-based European insurance entity, Convex Europe SA (CES). Convex received regulatory approval...
AM Best Revises Outlooks to Positive for Convex Group’s Subsidiaries April 23, 2021 AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and...
Catlin’s Convex Group Raises Capital of $500 Million January 14, 2021 Convex Group Ltd. has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global...
Established Insurers Could See Market Share Squeezed by Fintechs, EU Says November 25, 2020 By Carolyn Cohn Established insurers will face a squeeze on profits and market share as new financial technology companies muscle in on the...
Specialty Re/Insurer Convex Group Raises $1B in Additional Capital November 17, 2020 Specialty insurer and reinsurer Convex Group Ltd. announced it has secured commitments for an additional $1.0 billion of equity capital,...