Munich Re to increase cyber cover prices
Munich Re Group, a provider of reinsurance, primary insurance and insurance-related risk solutions, is reportedly to increase its cyber cover prices in Germany and Europe.
Cyber insurer Coalition forms Ferian Re with BDT Capital
Coalition, a cyber insurance provider, has partnered with BDT Capital to form Ferian Re, an independent Bermuda-based Class 3B reinsurer that will provide capacity across Coalition’s cyber programmes.
Chewy teams up with Lemonade to support pet parents in the US
Chewy, a platform for pet parents and partners, has expanded its insurance offering with plans provided by the digital insurer Lemonade.
LuckyTruck bags $2.4m to serve commercial trucking
LuckyTruck, a tech-enabled retail insurance agent focused exclusively on trucking, has raised $2.4m in a seed extension.
Buffet’s Berkshire Hathaway acquires insurer Alleghany for $11.6bn
Warren Buffet Berkshire Hathaway has completed its acquisition of insurance company Alleghany.
Ahoy! launches embedded insurance with VRF
Digital insurance MGA for recreational boating Ahoy! has partnered with Vantage Recreational Finance (VRF) to provide an embedded insurance programme.
KYND launches cyber risk management tools for MSPs
Cyber risk technology developer KYND has released the next generation of its cyber risk management for the managed service providers (MSP) sector.
Cytora, Moody’s Analytics partner to streamline risk in insurance
Digital risk processing platform Cytora has partnered with financial intelligence and analytical tools provider Moody’s Analytics to streamline risk in insurance.
ChAI closes seed to boost its commodities price risk insurance
Commodities AI (ChAI), which is insuring commodities price risk, has closed its seed round as it expands into new markets.
Gradient AI and Duck Creek unveil workers’ compensation product
Gradient AI, a provider of artificial intelligence (AI) solutions in the insurance industry and Duck Creek Technologies have launched a workers’ compensation solutions product.
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