FinTech News

Everest-re-names-new-executive-VP

Everest Re names new executive VP

Everest Re Group, a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, has named Mike Mulray as executive vice president and president of North America Insurance, effective immediately.
rates-for-aviation-reinsurance-continue-to-rise-gallagher-re-reports

Rates for aviation reinsurance continue to rise, Gallagher Re reports

Following the Covid-19 pandemic, geopolitical shocks and macroeconomic challenges, rates for aviation reinsurance are continuing to increase, a report from Gallagher Re has revealed.
insurers-are-shifting-focus-to-operational-resilience-autorek-says

Insurers are shifting focus to operational resilience, AutoRek says

Strategic priorities in the global insurance sector are shifting as firms increase their focus on operational resilience, according to new research from AutoRek.
air-doctors-commitment-to-customer-care-a-travellers-story

Air Doctor’s commitment to customer care: a traveller’s story

InsurTech startup Air Doctor recently assisted an attendee at a recent conference who required unexpected medical care.
Nationwide-launches-pet-insurance-offering-on-walmart.com

Nationwide launches pet insurance offering on Walmart.com

Insurance carrier Nationwide has launched its pet insurance offering through Walmart Insurance Services on Walmart.com.
digital-insurance-marketplace-capitola-bags-$15.6m-Series-A

Digital insurance marketplace Capitola bags $15.6m

Capitola, a digital marketplace for commercial insurance that connects brokers and carriers, has raised $15.6m in Series A funding.
everspan-group-joins-forces-with-ledgebrook-general-liability-programme

Everspan Group joins forces with Ledgebrook for general liability programme

Everspan Group has partnered with specialty MGA Ledgebrook on a programme offering general liability and supported excess liability to mid-market businesses.
porch-group-secures-$333m-convertible-notes-financing

Porch Group secures $333m convertible notes financing

Porch Group, a vertical software company reinventing the home services and insurance industries, has secured $33m in convertible notes financing.
resolute-launches-new-reinsurance-contract-for-catastrophies

Resolute Global Partners launches new type of reinsurance contract for natural catastrophes

Resolute Global Partners, an investment advisor specialising in insurance and reinsurance, has launched Footprint, a new type of reinsurance contract.
hyperexponential-selected-by-fortune500-insurance giant-markel-to-transform-underwriting-processes

Fortune 500 insurance giant Markel selects hyperexponential to transform underwriting

Fortune 500 financial services holding company Markel, has selected hyperexponential’s next-generation pricing tool, Renew, to transform its underwriting processes in the UK.

News Stories

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...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
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