All Insurtech articles – Page 3
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NewsVesttoo seeks ‘breathing space’ with Chapter 11 bankruptcy filing
Insurtech firm Vesttoo has filed for Chapter 11 bankruptcy within Delaware, according to multiple reports.
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NewsGallagher Re: Insurtech funding falls in second quarter
Insurtech is un a secondary phase, focusing on the ‘how’ rather than the ‘what’ says reinsurance broker’s global head of insurtech.
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NewsFraud investigation at insurtech unicorn Vesttoo
External auditors are probing “inconsistencies” at the AI-based broking platform for collateralised reinsurance and ILS deals.
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NewsReinsurers need to modernise to stay differentiated
Technological investment by reinsurers is critical to remain relevant and will lead to greater long-term financial health, writes Tim Spencer, Duck Creek’s reinsurance leader for London Markets, UK, and Ireland.
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NewsConcrete returns from London market digital transformation – WTW
Analysis of 49 Lloyd’s syndicates showed early adopters showed a 6% improvement in their aggregate combined ratio, over those firms only just getting started on digital transformation.
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NewsGallagher Re heralds new era of insurtech investment
Tech investment across insurance bounced back from last year’s final quarter to hit $1.39bn in this year’s first three months, according to reinsurance broker Gallagher Re.
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NewsHSBC buys UK arm of stricken Silicon Valley Bank
Deal rescues a key lender for technology start-ups in the UK and helps curb fallout from the biggest bank collapse since 2008
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NewsSCOR extends partnership with insurtech Concirrus
Partnership will allow underwriters to more accurately price future risks within SCOR’s marine line of business
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NewsInsurTech ‘disruption’ narrative is over - Gallagher Re
InsurTech investments dropped ‘dramatically’ in 2022 as venture capitalists focus on profitability
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NewsOver $24 billion premium renewed via Supercede platform
Co-founder predicts 2023 will be an important year for ’reinsurtech’ as customers report 85% operational savings
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NewsInsurtech investment hits $2.35 billion in Q3 as appetite returns
There is a growing realisation that incumbents are to be supported, not displaced - Gallagher Re
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News Gallagher Re names Swiss Re’s Choniski head of Embedded Insurance
He will be responsible for creating an embedded insurance solution for clients in North America
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NewsDon’t miss the transformation boat - Xceedance
Times may be uncertain, but reinsurers must continue to invest in both quick wins and longer term transformation projects
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NewsInsurance M&A hits ten-year high
The sale of Athene Holding to Apollo Global Management for $7.7 billion is deal of the year so far - Clyde & Co
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NewsHowden Group appoints TMK’s Tom Hoad
In a new role, he is tasked with leading a new initiative to facilitate the launch and growth of insurance start-ups
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NewsWorld’s first carbon insurer launches
Kita’s focus is carbon removal, insuring “carbon delivery risk” to enable carbon removal solutions to scale
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NewsMS Amlin offers cover for battery energy storage systems
The Lloyd’s insurer is partnering with insurtech Altelium to offer the solution
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News‘Only a matter of time’ until parametrics become the norm
Why cover for IT downtime will be ‘the next stage of growth in parametric insurance’
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NewsDWIC 2022: Why we’re still talking about it
The buzz at the conference in Dubai was palpable from the minute it opened on 9 March
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NewsSwiss Re enters Lloyd’s Lab
The reinsurer has entered the accelerator’s eighth cohort with an ESG proposition
