Florida Governor Ron DeSantis signed legislation creating a commercial insurance clearinghouse designed to move eligible policies from Citizens Property Insurance Corporation into the surplus lines ...
Economic losses from natural catastrophes in the EU are rising due to increased economic exposure and the growing severity of climate-related disasters. Between 1981 and 2023, NatCat events caused ...
District Cover, a new public benefit insurance agency, has raised over $7 mn from venture capital firms and insurance industry leaders, with Mosaic General Partnership leading the seed financing. This ...
UK insurtech platform Incept has entered an underwriting agreement with Fortegra to support its new title insurance solution. Fortegra is a global specialty insurer with an established and growing ...
London-based insurtech INSTANDA has closed a $20 mn round, a push that lifts total capital raised to more than $85 mn. CommerzVentures led the deal, adding its weight as a specialist investor focused ...
The Managing General Agent model keeps expanding and is reshaping how risk gets structured and distributed across global markets. It opens new paths for jurisdictions that combine regulatory strength, ...
Infinity Loop, an AI-native contract intelligence platform for enterprise vendor management, has raised $5mn in a Seed Round led by Glasswing Ventures and TIAA Ventures. Additional investors include ...
The insurance industry, long perceived as traditional and often bogged down by complex paperwork and delayed claims, is on the cusp of a transformative revolution. This change is being driven by ...
Life insurers’ investment portfolio mix should remain broadly stable, with solid credit quality and core fixed income dominant amid a continued tilt toward private credit and alternative investments, ...
McGill and Partners has expanded its aviation insurance offering to cover aviation spares against war perils while they are on the ground. The global specialty insurance and reinsurance broker is ...
U.S. life insurers looking for higher yields and longer-term returns have raised their allocations to private credit and Level III assets but are not expected to face widespread rating pressure if ...
Entities tied to GRAM’s Americas Buyout Fund (GRAM ABF), the private equity arm of Grupo Romero Asset Management (GRAM), have made a majority investment in Miami-based UniVista Insurance. The deal ...
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