Company News

Arthur J. Gallagher & Co., a global insurance brokerage and risk management firm, has appointed Ana Matarranz as CEO for Spain, as it looks to strengthen its presence in key European insurance markets.

Gallagher appoints Ana Matarranz as CEO for Spain

Arthur J. Gallagher & Co., a global insurance brokerage and risk management firm, has appointed Ana Matarranz as CEO for Spain, as it looks...
Aviva, a leading UK insurer, has announced a significant investment in its Regional Specialty team, including 15 new hires across the UK and enhancements to its digital platform.

Aviva expands Regional Specialty team and digital platform

Aviva, a leading UK insurer, has announced a significant investment in its Regional Specialty team, including 15 new hires across the UK and enhancements...
Mercury Insurance, a leading provider of auto insurance, and Olympus Insurance, a Florida-focused homeowners insurer, have announced a new partnership designed to broaden access to bundled auto and homeowners insurance across Florida.

Florida agents gain tools with Mercury and Olympus partnership

Mercury Insurance, a leading provider of auto insurance, and Olympus Insurance, a Florida-focused homeowners insurer, have announced a new partnership designed to broaden access...
Gallagher, a global insurance brokerage and risk management firm, has launched Gallagher Blueprint, an AI-driven framework designed to help clients improve their risk profiles and build more cost-effective insurance programmes.

Gallagher launches AI Blueprint to improve insurance risk

Gallagher, a global insurance brokerage and risk management firm, has launched Gallagher Blueprint, an AI-driven framework designed to help clients improve their risk profiles...
K2 Insurance Services, a leading insurance solutions provider, has announced the acquisition of Oculus Underwriters, a specialist in bespoke property insurance solutions for the small to medium-sized commercial market.

K2 Insurance and Oculus partner to strengthen commercial offerings

K2 Insurance Services, a leading insurance solutions provider, has announced the acquisition of Oculus Underwriters, a specialist in bespoke property insurance solutions for the...
Markel, the insurance operations of Markel Group Inc., has appointed Raphael Da Costa to lead its U.S. cyber and technology errors & omissions (E&O) portfolio.

Markel strengthens cyber leadership with Raphael Da Costa

Markel, the insurance operations of Markel Group Inc., has appointed Raphael Da Costa to lead its U.S. cyber and technology errors & omissions (E&O)...
Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...

News Stories

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre takes 38.9% stake in InsurTech Tuio

Mapfre, the insurance group, has agreed to take a holding in Tuio, a specialist digital insurance distributor built on advanced technology and a mature...
Verisk deepens event response with MIS acquisition

Verisk deepens event response with MIS acquisition

Verisk, a strategic data analytics and technology partner serving the global insurance sector, has completed the purchase of McKenzie Intelligence Services (MIS), a firm...
Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo reaches $1.6bn valuation with AI motor insurance

Ominimo, a Budapest-based InsurTech using AI and advanced data analytics to transform motor insurance, has secured $22.5m in Series B funding at a $1.6bn valuation,...
Can Curant.ai solve insurance’s claims complexity problem?

Can Curant.ai solve insurance’s claims complexity problem?

Curant.ai, an AI-powered InsurTech platform focused on modernising insurance claims, has secured $3.1m in seed funding as insurers look to move from early AI...
Can commercial carriers survive the end of the hard market?

Can commercial carriers survive the end of the hard market?

The prolonged hard market in North American commercial insurance has begun to ease, creating a new challenge for property and casualty (P&C) insurers as...
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