Vesttoo lay off 75% of staff and close multiple offices amid fraud scandal
FinTech company Vesttoo has shockingly announced that it will be laying off 75% of its staff in wake of its fraud scandal.
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.
Blitz Insurance collaborates with Ascend for payment and financing in InsurTech
Blitz Insurance, a specialty insurance carrier, and Ascend, a first-of-its-kind insurance payments platform, have announced a strategic partnership aimed at modernising payment experiences for insurance brokers in specialty markets.
QBE North America and Converge launch cyber insurance program
QBE North America has launched a new cyber insurance program with Converge, a new MGA that will act as program administrator.
Pen Underwriting launches new UK division to drive growth
Pen Underwriting has recently announced changes to its divisional structure as it aims to continue its growth.
WTW launches new tool to boost board-level climate skills
WTW has launched its latest tool aimed at promoting alignment between board members and management on climate action.
Concirrus partners with Insurity to develop data models for marine insurers
Concirrus has announced a new partnership with Insurity that will see it deliver unique predictive data models for marine insurers.
hyperexponential launches new insurance-focused podcast
As the business environment evolves, the insurance sector grapples with a pertinent issue: talent. Maintaining a competitive edge, staying relevant, and demonstrating resilience are pivotal for survival, and people with the right skills are key to these endeavours.
Harnessing the future of InsurTech: Centralised risk data platforms and data analytics
In the current dynamic InsurTech landscape, the significance of risk data analytics and a centralised risk data platform is undeniable.
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