Lemonade Donates US$2 Million to Customer Causes in Eighth ‘2024 Giveback’
This year’s Giveback marks more than $10 million donated to 86 organisations since inception, impacting millions of people globally.
July 18, 2024
5:23 pm
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This year’s Giveback marks more than $10 million donated to 86 organisations since inception, impacting millions of people globally.
In our latest series, MEET THE FOUNDER, we speak to former British Army Officer (Intelligence Corp) turned insurtech entrepreneur, Forbes McKenzie, who is a trailblazer in space and intelligence technology for the financial services and insurance industry.
GCube Insurance, a specialist underwriter in the renewables sector, has announced the establishment of a new consortium designed to provide battery energy storage system (BESS) developers and asset owners with up to $100 million of “A-Rated” Insurance Capacity.
Kennedys IQ and Vested Impact have announced a partnership to advance the use of ESG data in the insurance industry. This collaboration addresses the growing need for integrating external data to support underwriting, claims, and risk and compliance functions, as well as corporate supply chain management.
SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, alongside Anchor Re, a captive reinsurance vehicle, and SureChoice Underwriters Reciprocal Exchange (SURE), has announced the successful closing of the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60 million.
Tokio Marine has announced a partnership with carbon credit insurtech specialist Kita to provide Political Risk Insurance for developers and investors in carbon credit projects.
Tesla has been granted additional time to prepare for a lawsuit filed by a customer representing drivers in eleven U.S. states, alleging the company overcharged for insurance through false crash warnings.
Casey Kempton highlighted critical challenges facing the personal lines sector and spoke at length about opportunities for innovation and improvement during her recent live on stage session at Insurtech Insights USA 2024.
Insurtech Insights speaks to three parametric experts about why this swift and transparent approach to insurance is gaining ground in our increasingly unstable climate.
Natural Capital Research (Natcap), a startup specialising in nature and biodiversity intelligence, has announced it has successfully raised $10 million in a Series A funding round.
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