Reask names head of parametric products to meet growing demand
Reask, a science and technology company focusing on the financial impacts of extreme weather, has named David Schmid as head of parametric products to build out all aspects of its global parametric insurance product offering.
Nationwide and Adopt a Pet to provide pet protection
Insurance carrier Nationwide has partnered with North American pet-adoption website Adopt a Pet to provide pet protection and education to pet parents.
Ford partners with Pie for commercial auto insurance
Ford Credit, an automotive financial services company, has partnered with InsurTech Pie Insurance to launch a commercial auto insurance product.
BeeHero bags $42m to mitigate pollination risk
BeeHero, an insurer-investor backed data-driven technology company mitigating pollination risk to address global food security, has raised $42m in Series B funding.
Vitesse, Yokahu and FloodFlash to support climate vulnerable communities
FinTech Vitesse, climate risk insurance platform Yokahu and parametric InsurTech FloodFlash have teamed up to support climate vulnerable communities after extreme weather events.
InsurTech unicorn bolttech partners with Max Solutions
InsurTech unicorn bolttech has partnered with Max Solutions Service, a subsidiary of PTG, to offer insurance on the card’s Max Me application.
Motive partners with Progressive for AI-based safety solutions
Motive, an automated operations company, has partnered with Progressive Commercial, an auto and truck insurer to offer Motive’s AI-based safety solutions.
How is the cost-of-living crisis impacting the insurance industry?
With eye-watering levels of inflation and increasing interest rates triggering a global cost of living crisis, consumers and businesses are tightening their belts. How is the insurance industry coping?
Warburg Pincus to acquire K2 Insurance
Global growth investor Warburg Pincus has agreed to acquired K2 Insurance Services, a specialty insurance programme manager from Lee Equity Partners.
What financial institutions need to know about GTOs
Geographic Targeting Orders (GTOs) were recently reissued by FinCEN and could pose regulatory requirements to banks. But what do they need to know?
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