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Swiss Re has finalised the purchase of the market’s inaugural cyber retrocession industry loss warranty (ILW), facilitated by Gallagher Re.
New York-based insurance startup, Korr, has successfully raised US$3.2 million in seed funding, with Motive Ventures taking the lead, alongside contributions from Tokio Marine Future Fund and Plug and Play Ventures.
DigitalOwl has raised US$12 million investment from Reinsurance Group of America, Incorporated (RGA), a leading global life and health reinsurer.
From cyber insurance and generative AI, to embedded offerings and climate risk technologies, the insurance space over the next 12 months will see huge changes.
In a strategic move to solidify its presence in the Nordic region of Europe, global insurance group Howden is set to acquire NORTH Risk (NORTH), Denmark’s fourth-largest insurance intermediary.
Day-to-day, Insurtech Insight’s Rory Pyke engages with key industry figures who generously share invaluable insights on how they are actively advancing our industry.
Arthur J. Gallagher & Co., a global insurance brokerage, has successfully acquired Hughes Insurance Agency, Inc., based in Queensbury, New York.
LOTTE HIMART and bolttech partner to offer first-ever home appliance switching service in South Korea
Lloyd’s will maintain its current iconic headquarters till 2041, following a successfully finalised a new lease agreement with its landlord, Ping An.
CoverSelf, the unified platform revolutionising healthcare claims and payment integrity, has announced the extension of its seed round to US$8.2 million, attracting renewed interest from existing investors and prominent figures in the healthcare industry.
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