Pen Underwriting secures £100m capacity deal
Pen Underwriting has signed a capacity agreement that will allow it to write £100m worth of solicitors’ professional indemnity (PI) business over the next three years.
The future of health insurance: Hyper-personalisation and AI advancements
Transitioning from a transaction-based model to a service-enabled platform economy is at the heart of the digital life and health insurance landscape.
Wright launches new residential private flood insurance option
Wright National Flood Insurance Services has revealed a new residential private flood insurance option, as an extension of its ResiFlood Programme.
Square Insurance joins Recur Club’s portfolio with $1m funding boost
India-based Square Insurance Brokers Private Limited, a Rajasthan-based firm authorised by IRDA under the Insurance Brokers Regulations of 2002, has just added another feather to its cap.
Climate-focused Demex bags $5m to transform the reinsurance market
The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.
FloodFlash partners with Hiscox to accelerate US growth ambitions
Parametric flood insurance company FloodFlash has announced a new partnership with Hiscox to further its US growth ambitions.
Verlingue bolsters employee benefits division with Brunsdon buy
Insurance brokerage company Verlingue is set to strengthen its employee benefits division by purchasing Brunsdon Employee Benefits.
PCF Insurance raises $400m in incremental financing
PCF Insurance Services has secured $400m in incremental debt financing as it looks to accelerate its M&A strategy for expansion.
Converge Insurance raises $15m from Forgepoint Capital
Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A funding.
The importance of external and internal vulnerability scanning in cyber underwriting
InsurTech company KYND recently released a report exploring whether external or internal vulnerability scanning is more useful to assess a company's cyber posture.
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