Gallagher & Novidea to launch digital platform for specialty clients
Gallagher has invested in Novidea’s insurance broking platform to develop it for its specialty client base.
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Gallagher has invested in Novidea’s insurance broking platform to develop it for its specialty client base.
Praedicat, an emerging liability risk analytics firm, announces partnership with information services firm Experian to provide new company and portfolio analytics tools to underwriters of directors and officers (D&O) insurance coverage of U.S. public companies.
Buckle, the financial services company providing auto insurance solutions for the gig economy, and InsureScan, an upcoming auto insurance specialist, have entered into a managing general agency (MGA) agreement supporting drivers in Alabama. Under the agreement, InsureScan is underwriting non-standard auto insurance policies using Gateway Insurance, one of Buckle’s insurance carriers, as the admitted carrier.
Ecommerce platform Shopify has introduced a bundled shipping insurance offering for merchants.
Erie Strategic Ventures will invest in and offer commercial support to startups focused on the insurance industry and related spaces.
In January, Airbnb announced the upcoming launch of a “custom-built” guest travel insurance product offering exclusive to Airbnb guests. The product was set to be launched in the spring with a “reputable insurance carrier” as the underwriter.
Insurtech platform Accelerant has launched a new $175 million sidecar investment vehicle, called Flywheel Re.
FairPlay, the world’s first “Fairness-as-a-Service” solution for algorithmic decision-making, today announced the launch of Input Intelligence, al bias detection product for insurance carriers.
Insurtech investments fell by 79.6% in 2021, leading to job losses and tough economic conditions for the sector in the first half of 2022 thanks to a “combination of factors,” said GlobalData’s Deals Database.
Marsh has announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated capacity for new and existing green and blue hydrogen energy projects.
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