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The sheer established presence of the USA’s most successful automobile insurance incumbents, is impressive. The market size, measured by revenue is expected to hit US$330.4bn this year.
Hannover Re, the world’s third-largest reinsurer, has announced its departure from the United Nations-convened Net-Zero Insurance Alliance (NZIA), becoming the third major name to do so in just three weeks
At-Bay, a leading cyber and technology insurance provider, has announced that AM Best has awarded At-Bay Specialty Insurance Company a Financial Strength Rating of A- (Excellent), with a “stable” outlook.
Safe Security, the leader in AI-based cyber risk management SaaS platforms, today announced the close of a $50 million Series B round led by Sorenson Capital, with participation from Eight Roads, venture capital arm of Fidelity Investments, Telstra Ventures, WTI, and all existing investors.
Allianz Trade, the world’s leading provider of trade credit insurance, is expanding its Excess of Loss (XoL) teams in Germany, Asia Pacific, Spain, and Brazil.
Pathpoint has announced the expansion of its Commercial Property offering. The expansion centres around the addition of Vave’s commercial property product to Pathpoint.
Capitola has announced the successful completion of its Series A funding round, raising US$15.6 million.
Lloyd’s has met with the UK Government’s Chancellor, Jeremy Hunt, to propose a landmark offer to insure the NHS against pandemic events
EY and IBM has announced that EY Global Services Limited will be joining the IBM Quantum Network, in a bid to further enable EY teams to explore solutions with IBM that could help resolve some of today’s most complex business challenges.
Lloyd’s has joined the British Insurance Brokers’ Association as its 21st partner.
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