financing News

Trov in California Closes $45M in Series D Financing for Insurtech

San Francisco, Calif.-based Trov announced that it has closed $45 million in Series D funding led by Munich Re/HSB Ventures, bringing its total funding to just over $85 million. All of Trov’s Series C investors participated in the round: Oak …

Ironshore’s Pembroke Agency Launches Insurance for Satellite Financing

Ironshore International’s Pembroke Managing Agency Limited has begun offering insurance coverage for lenders engaged in the financing of satellite projects. The product provides insurance coverage for banks and export credit agencies against the risk of non-disclosure and misrepresentation by the …

Trade Credit Insurers Increase Exposures to over $225 Billion

Global trade credit insurers have increased their exposures in the sector by over €180 billion [$226.8 billion], despite the continuing unstable economic environment. At a recent meeting in Singapore the members of the International Credit Insurance and Surety Association (ICISA) …