Commercial/Enterprise Insurance

Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a new and potentially scalable source of liability across SMB portfolios.

KYND flags growing website privacy litigation risk for insurers

Cyber risk analytics firm KYND has warned insurers that lawsuits linked to routine website tracking practices in the US are rising sharply, creating a...
Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division.

Chubb appoints new commercial property and casualty heads

Chubb, a global insurance group, has appointed Ben McGregor and Alex Forman to senior leadership roles within its Chubb Overseas General (COG) division. McGregor has...
Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m.

Shepherd raises $42m to scale AI underwriting platform

Shepherd, an AI-native commercial insurance platform, has raised $42m in a Series B round led by Intact Private Capital, bringing total funding to $67m. The...
WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its commercial lines pricing capabilities.

Thimble selects WTW Radar Live to scale pricing

WTW, a global insurance advisory and broking group, has been selected by digital MGA Thimble to deploy Radar Live to modernise and scale its...
HSB, part of Munich Re, has launched a new AI liability insurance product designed to protect small and medium-sized businesses from risks associated with artificial intelligence use.

HSB launches AI liability cover for SMEs

HSB, part of Munich Re, has launched a new AI liability insurance product designed to protect small and medium-sized businesses from risks associated with...
mShift, a commercial insurance technology provider, has launched mShift Quantum AI, an artificial intelligence platform designed to transform submissions, automate workflows, and enhance underwriting decision-making.

mShift launches Quantum AI platform for insurance workflows

mShift, a commercial insurance technology provider, has launched mShift Quantum AI, an artificial intelligence platform designed to transform submissions, automate workflows, and enhance underwriting...
The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the Strait of Hormuz and surrounding Gulf routes.

Chubb to underwrite DFC’s $20bn Gulf shipping insurance plan

The U.S. International Development Finance Corporation (DFC) has appointed Chubb to lead its $20bn maritime reinsurance plan aimed at restoring commercial shipping through the...
Toronto-based Manulife, a leading life insurance and financial services provider, has partnered with Akka, a provider of enterprise-scale software solutions, to strengthen its enterprise agentic AI platform.

Manulife and Akka partner for agentic AI platform

Toronto-based Manulife, a leading life insurance and financial services provider, has partnered with Akka, a provider of enterprise-scale software solutions, to strengthen its enterprise...
Embedded insurance platform Kayna has raised €1.5m ($1.7m) in a seed funding round to support expansion in the UK and US markets.

Kayna raises $1.7m seed for embedded insurance

Embedded insurance platform Kayna has raised €1.5m ($1.7m) in a seed funding round to support expansion in the UK and US markets. The round was...
Lloyd’s coverholder Testudo has secured additional underwriting support from insurers Atrium and QBE for its generative AI liability insurance product.

Testudo adds Atrium and QBE to AI liability panel

Lloyd’s coverholder Testudo has secured additional underwriting support from insurers Atrium and QBE for its generative AI liability insurance product. The backing increases available limits...
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News Stories

Baldwin Group’s Azimuth Re targets top contractors

The Baldwin Group, a NASDAQ-listed independent insurance brokerage and advisory firm, has launched Azimuth Re, Ltd., a new member-owned group captive developed in partnership...
KatRisk

KatRisk acquires RED to boost catastrophe modeling

KatRisk, a provider of catastrophic risk modelling software for the insurance and financial services industries, has acquired RED, a specialist catastrophe model provider covering...

How reinsurers can demonstrate AML effectiveness

The reinsurance markets in the Cayman Islands and Bermuda represent one of the offshore financial world’s genuine success stories. Capital flows into these jurisdictions on the back of regulatory credibility, and as the markets have grown, so too has regulatory scrutiny.
PremFina lands £100m funding boost from Waterfall

PremFina lands £100m funding boost from Waterfall

PremFina, the UK's fastest-growing insurance premium finance provider, has expanded its junior capital facility with Waterfall Asset Management to £100m, upsizing and extending the...
Cytora and VulnCheck partner to sharpen cyber underwriting

Cytora and VulnCheck partner to sharpen cyber underwriting

Commercial insurers are set to gain a sharper view of cyber risk at the point of underwriting, following a new partnership between Cytora, the...
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