ARC on a mission to protect African citizens against extreme weather
Representatives from African governments, humanitarian partners and donors have met in Malawi to discuss how parametric insurance delivered through African Risk Capacity Limited (ARC) has the potential to transform how the continent deals with climate-change induced events, such as droughts and cyclones.
Tokio Marine and Asian VC Arbor Ventures to boost insurance innovation
Tokio Marine Asia has partnered with Singapore-based venture capital firm Arbor Ventures to accelerate innovation in the insurance industry.
Cowbell Cyber and Swiss Re join forces for cyber offering
Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), has partnered with Swiss Re to offer cyber coverage to enterprises running their business on Amazon Web Services (AWS).
The Hartford bolsters its coverage for businesses
The Hartford, a property and casualty insurer in the US, has launched enhanced coverage products to serve the needs of its business customers.
Cyber insurer Coalition acquires Digital Affect Insurance from Munich Re
Coalition, a cyber insurance provider, has acquired US property and casualty insurer Digital Affect Insurance Company from Munich Re Digital Partners US Holding Corporation.
Asian insurer FWD Group teams up with Klook
FWD Group Holdings has partnered with travel and leisure e-commerce platform Klook to launch accident cover insurance.
Nationwide and Kinetic deploy wearables for workers comp
Insurance carrier Nationwide has partnered with Kinetic Insurance, a wearable device company, to deploy wearables for workers compensation insurance.
Lemonade opts for Mitchel for its auto insurance division
Digital insurer Lemonade has selected claims workflow automation and total loss solutions from Mitchell to support its auto insurance division Lemonade Car.
UAE-based payroll and HR solution Bayzat bags funding
Bayzat, a UAE-based payroll and HR solution, has reportedly raised funds from The Mohammed Rashid Innovation Fund (MBRIF).
Demex unveils snowfall insurance product
The Demex Group, a climate risk management platform, has launched a snowfall insurance product.
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