Last week's devastating attack on Moscow's Crocus City Hall is insured by Russian state-backed insurer In...
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 / 17 hours 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 / 18 hours 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 / 2 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 / 2 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 / 6 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 / 10 days 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 / 24 days 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 / 28 days ago
Kin falls to Q4 operating loss despite loss ratio improving 20 points
Kin ended Q4 2023 by posting an operating loss of $5.8mn even as the homeowners' insurtech's adjusted loss ratio for the period improved by 20.2 points to 28.9...
Kin ended Q4 2023 by posting an operating loss of $5.8mn even as the homeowners' insurtech's adjusted loss ratio for the period improved by 20.2 points to 28.9...
Article / 1 month ago
Concirrus reports FY23 profitability amid insurtech funding squeeze
AI insurtech Concirrus has posted a 204.6 percent increase in revenue for the year ending December 2023, bringing the firm into profitability in...
AI insurtech Concirrus has posted a 204.6 percent increase in revenue for the year ending December 2023, bringing the firm into profitability in...
Article / 1 month ago