All News

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News

Luz Saúde Partners with HABIT to Launch LUZ ON PRIME

Luz Saúde has expanded its service portfolio with the introduction of the LUZ ON PRIME card, a new offering developed in partnership with Habit, a Portuguese startup making strides in the international digital insurance and telecommunications markets.

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Conferences>Europe

LLoyd’s Rating Upgraded to A+

Lloyd’s, the world’s preeminent marketplace for insurance and reinsurance, has today announced that AM Best has upgraded its financial strength rating to A+ (Superior) from A (Excellent).

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Climate

ZestyAI Launches Z-WATER

ZestyAI, a provider of AI-powered climate and property risk analytic solutions, has launched a new product, Z-WATER, to combat one of the leading catalysts of insurance losses: interior water.

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Acquisitions

Hub Completes Acquisition of IMC

Hub International Limited, a global brokerage and financial services firm, has completed the acquisition of Pennsylvania-based Insurance Management Company (IMC). The terms of the deal were not disclosed.

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Acquisitions

King Insurance Partners Acquires Lincoln Insurance Group

King Insurance Partners has announced the acquisition of Lincoln Insurance Group, an independent insurance agency based in McDonough, Georgia. The acquisition aims to expand King Insurance Partners’ service offerings and strengthen its market presence.

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Conferences>USA

Inscora Raises $2 Million

Inscora, a Canadian startup providing automated cyber risk assessments and sales enablement solutions to cyber insurance brokers, has successfully raised $2 million in a funding round.

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News

La France Mutualiste Partners With Clearwater Analytics

Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has announced that La France Mutualiste has selected Clearwater’s advanced platform to modernise its investment operations and reporting processes.

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Acquisitions

AXA Acquires Gruppo Nobis

AXA has announced it is set to acquire Gruppo Nobis for an upfront payment of €423 million, with a potential extra earn-out of up to €55 million.

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Uncategorized

Verisk Estimates Beryl to Cost $2 Billion to $3 Billion

The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that industry insured losses to onshore property from wind in the U.S. due to Hurricane Beryl will range between USD 2 billion and USD 3 billion.

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Funding

Safe Guard Receieves New Investment

Safe-Guard Products has announced a new investment from Hellman & Friedman, a private equity firm. Founded in 1992 and based in Georgia, Safe-Guard Products is a provider of third-party private label finance and insurance protection products for the automotive, RV, marine, and powersports industries.

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News

AEGIS Launches New Science Team

AEGIS London, the London-based Lloyd’s syndicate, has established a new data science and analytics team to enhance its underwriting capabilities and data-driven initiatives.

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News

Juniper RE Partners with CAPE

Juniper Re, the reinsurance broking arm and subsidiary of The Baldwin Group, has announced a strategic collaboration with CAPE Analytics to deliver portfolio-improving property risk insights to its clients, as well as a differentiated view of the reinsurance market.

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News

Everest Launches Mt. Logan Capital Management, Ltd.

Everest Group, the Bermuda-based (re)insurer, has unveiled a new structure for its alternative reinsurance capital business, transforming it into a multi-vehicle capital management platform through the launch of Mt. Logan Capital Management, Ltd. (MLCM).

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News

FM Global Announces Rebrand to FM

FM Global has announced a rebranding and will now be known as “FM.” The change underscores the company’s growth and dedication to protecting its clients from business risks. 

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Cyber

Coalition Launches Specialised Security Awareness Training

Coalition has announced the launch of a new Security Awareness Training, aimed at providing small businesses with cybersecurity training and process automation. The training will simplify the rollout of security training by IT, monitor performance, and track compliance.

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