Managing general underwriter SageSure closes $60m Gateway Re catastrophe bond
SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, has successfully closed the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60m.
Mundi Ventures receives €25m boost from AECID for InsurTech startups
The Agencia Española de Cooperación Internacional para el Desarrollo (AECID), the primary management body of the Cooperación Española, will invest €25m in Mundi Ventures, a management firm dedicated to supporting InsurTech startups and adjacent sectors.
Scanbot SDK launches Web Data Capture Demo
In today’s tech landscape, innovations in software development kits (SDKs) continue to redefine how businesses handle data processing and automation. Following the success of its Barcode and Document Scanner SDKs, Scanbot SDK has introduced its latest offering: the Web Data Capture Demo.
AI’s role in revolutionising the insurance industry
At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.
Oka and Socotra partner to innovate insurance solutions for carbon markets
Oka, The Carbon Insurance Company™, and Socotra, the leading modern policy administration system, have announced a strategic partnership focused on advancing carbon markets and scaling climate solutions.
Aspen Insurance launches new platform to revolutionise AI and data strategy
Aspen Insurance Holdings Limited, a prominent global insurance and reinsurance company, has launched a new platform designed to advance its digital strategy and drive its data and artificial intelligence agenda forward.
Tara Hill Insurance Services strengthens team with new leadership appointments
Tara Hill Insurance Services, a program administrator owned by Ambac Financial Group, Inc., has announced the addition of industry veteran Richard Edsall as senior vice president.
Verisk launches ISO Experience Index to help insurers navigate changing risk patterns
Verisk, a leading global data analytics and technology provider, has launched its ISO Experience Index to assist the insurance industry in quickly assessing changes in risk patterns and the cost of insuring risk.
MAPFRE RE strengthens its Tokyo office with Alberto Estévez Allegue appointment
Global reinsurer MAPFRE RE, known for its robust presence in the insurance and reinsurance industry, has announced the appointment of Alberto Estevez Allegue as chief representative officer of its representative office in Tokyo, Japan.
Insurance broker TWFG targets $176m in IPO
The Woodlands Financial Group (TWFG), an insurance broker supported by reinsurer RenaissanceRe, has announced its intention to raise up to $176m through its upcoming Initial Public Offering (IPO).
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