Insurtech

July 28, 2023

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Global insurtech investment increased 19.8% in the third quarter over the second quarter, according to the Global InsurTech Report issued...

July 24, 2023

Fronting insurer severs further ties with insurtech Vesttoo

Fronting insurer Clear Blue Insurance Group said Monday it will no longer accept capacity via online reinsurance intermediary Vestto Ltd....

July 20, 2023

ILS insurtech investigating operations after alleged fraud

Online commercial reinsurance intermediary Vesttoo Ltd. said Thursday it is looking into inconsistencies at the company in the wake of...

June 21, 2023

Corvus offering cyber risk endorsement

Insurtech Corvus Insurance Holdings Inc. said Wednesday it is introducing an endorsement to its Corvus Signal cyber risk prevention program,...

June 7, 2023

Business Insurance names 2023 Innovation Awards winners

Business Insurance on Wednesday announced the winners of the 2023 Innovation Awards....

June 1, 2023

Insurtech offers excess tech E&O capacity

San Francisco-based insurtech Embroker Inc. said Thursday it would offer excess technology errors and omissions coverage with up to $5...

May 4, 2023

Global insurtech investment jumps 37% in Q1: Gallagher Re

Global insurtech investment increased 37% from the previous quarter to $1.39 billion in first-quarter 2023, according to the Global InsurTech...

April 12, 2023

Corvus, Core Specialty partner on E&O product

Insurtech Corvus Insurance Holdings Inc. said Wednesday it is partnering with Core Specialty Insurance Holdings Inc. to expand Corvus excess...

April 11, 2023

Arch buys insurtech platform

Arch Insurance Inc. on Tuesday said it has acquired insurtech platform Thimble Inc....

March 30, 2023

Digital MGA formations need careful planning: Panel

Forming and funding digital managing general agents with the aid of insurtech companies can be challenging but the problems are...

February 21, 2023

Interest in insurtech expected to hold despite sharp fall in investments

Global insurtech investment fell 57% in the fourth quarter of 2022, compared with the prior quarter, but smaller declines in...

February 14, 2023

Insurtech OpenEyes gets $18 million in funding

Insight Venture Management LLC said Tuesday it provided $18 million in Series A funding to OpenEyes Insurance Inc. of New...

February 8, 2023

Insurtech links with Chaucer on trade secrets coverage

Crown Jewel Insurance and Lloyds of London insurer Chaucer Insurance Group PLC on Tuesday launched a policy covering corporate trade...

February 2, 2023

Global insurtech investment falls 57%: Gallagher Re

Global insurtech investment in the fourth quarter of 2022 fell 57% quarter-over-quarter to $1.01 billion, its lowest quarterly level since...

January 31, 2023

Cyber MGA unveils Coalition Insurance

Coalition Inc., a managing general agent specializing in cyber risk, said Monday it is introducing Coalition Insurance Co., which plans...

January 9, 2023

Duck Creek Technologies to go private in deal with Vista

Duck Creek Technologies, which serves some of the biggest clients in the property/casualty sector, will be taken private by Vista...

November 8, 2022

Newfront hires former Marsh exec as Philadelphia market leader

Newfront Insurance Inc. on Tuesday named former Marsh LLC executive Tyler McAllister as senior vice president and Greater Philadelphia market...

November 3, 2022

Corvus partners with Travelers to offer cyber insurance in Europe

Insurtech Corvus Insurance Holdings Inc. said Thursday it is partnering with Travelers Cos. Inc. to offer cyber insurance in Europe....

October 20, 2022

Accelerant names former Goldman Sachs executive as CFO

Accelerant Ltd., an Atlanta-based insurtech, said Thursday it has named a former Goldman Sachs Group Inc. official as its chief...

September 27, 2022

Insurtech sector prepares for next development phase

The insurtech sector is well-positioned despite second-quarter data showing a year-over-year decline in funding, but companies may need to refine...

July 28, 2023