The seizure of MSC Aries by Iran’s Revolutionary Guard at the weekend is the latest in a series of headwi...
CRC teams with Plover to launch $2mn parametric D&O product for SCAs called Side X
CRC's wholesale brokerage unit has partnered with insurtech Plover Parametrics to launch a D&O product called Side X offering up to $2mn in limit...
CRC's wholesale brokerage unit has partnered with insurtech Plover Parametrics to launch a D&O product called Side X offering up to $2mn in limit...
Article / 5 days ago
Root stock price climbs almost 10% as insurtech approaches $1bn market cap
Root's stock price spiked by more than 10 percent on Wednesday to $68.11 per share, before falling back slightly as the insurtech's market cap nears...
Root's stock price spiked by more than 10 percent on Wednesday to $68.11 per share, before falling back slightly as the insurtech's market cap nears...
Article / 16 days ago
Former Root CMO Silver sentenced to 4+ years in prison for embezzling $10.2mn
Root's former chief marketing officer BC Silver has been sentenced to more than four years in prison for embezzling $10.2mn from the insurtech....
Root's former chief marketing officer BC Silver has been sentenced to more than four years in prison for embezzling $10.2mn from the insurtech....
Article / 24 days ago
Root and Hippo shares continue to soar as latest loss data confirms path to profitability
Shares in listed insurtech companies have been particularly sensitive to loss trend data since late February, underscoring investors' increasing focus on...
Shares in listed insurtech companies have been particularly sensitive to loss trend data since late February, underscoring investors' increasing focus on...
Article / 24 days ago
Marsh launches $825mn digital asset custodians facility
Marsh has launched a Lloyd's-backed global facility that provides up to $825mn in capacity to support digital asset custodians....
Marsh has launched a Lloyd's-backed global facility that provides up to $825mn in capacity to support digital asset custodians....
Article / 25 days ago
Lockton hires SF-based Gill from Marsh for technology specialty build-out
Lockton has hired 20-year Marsh veteran Manpreet Gill in its San Francisco office to help with the build-out of the firm's technology specialty group, The Insurer can...
Lockton has hired 20-year Marsh veteran Manpreet Gill in its San Francisco office to help with the build-out of the firm's technology specialty group, The Insurer can...
Article / 25 days ago
Lloyd's delays Blueprint Two phase one completion
Lloyd's will delay completion of the first phase of its Blueprint Two market modernisation programme from the promised 1 July 2024 go-live date until at least October 2024, The Insurer can reveal....
Lloyd's will delay completion of the first phase of its Blueprint Two market modernisation programme from the promised 1 July 2024 go-live date until at least October 2024, The Insurer can reveal....
Article / 29 days ago
Insurtech Coterie raises $27mn in “oversubscribed” funding round with Hiscox backing
Small business-focused insurtech Coterie has raised $27mn in a post-Series B funding round, securing fresh backing from Hiscox along with participation...
Small business-focused insurtech Coterie has raised $27mn in a post-Series B funding round, securing fresh backing from Hiscox along with participation...
Article / 1 month ago
Listed insurtech share price performance remains mixed despite Root frenzy
Shares in Root and Hippo skyrocketed last week but the recent insurtech enthusiasm has not been universal, with other players experiencing a muted...
Shares in Root and Hippo skyrocketed last week but the recent insurtech enthusiasm has not been universal, with other players experiencing a muted...
Article / 2 months ago
Coverdash raises $13.5mn in Series A round
Embedded business insurance-focused Coverdash has raised $13.5mn in a Series A round, with the new financing set to support the further build-out...
Embedded business insurance-focused Coverdash has raised $13.5mn in a Series A round, with the new financing set to support the further build-out...
Article / 2 months ago