All articles by Verdict Staff
Verdict Staff
Rokstone launches global parametric insurance in partnership with NormanMax
Rokstone expects the new product to reach $25m (£19.77m) in gross written premium (GWP) by 2024, and an additional $50m in GWP in 2025.
Ryan Specialty to acquire Geo Europe’s certain assets, Ethos Specialty’s P&C MGUs
The deal for Geo Europe’s certain assets is due to close in the third quarter of 2024 (Q3 2024), and that of Ethos property and casualty (P&C) managing general underwriters (MGUs) this month.
SCOR announces L&H APAC restructuring
The move is aimed at centralising the company’s efforts and streamlining decision-making processes in the region.
PIB Group signs conditional agreement to acquire Nord Group
Nord Group provides risk management, insurance and reinsurance solutions, and employs nearly 250 experts across Poland.
Westland Insurance acquires Excel Insurance Lloydminster and M. Butler Insurance
The acquisitions, effective 24 June, are part of Westland’s strategy to extend its reach across Canada.
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Tokio Marine HCC – Specialty Group appoints head of London Market, Crisis Management
Shaun Ross will report to Mark Hutton, the head of Crisis Management, International.
Artemis Risk Solutions announces formal launch as insurance brokerage
The company offers services comprising employee benefits, property and casualty (P&C) and personal lines.
Quility introduces digital life insurance platform
Agents will also have access to exceptional commission rates and complete access to Quility’s product line.
Alkeme acquires Idaho-based Infinity Insurance Group
Infinity Insurance is focused on delivering home, health, auto, life and commercial insurance via its network of carriers.
Insurtech startup Obie raises $25.5m via Series B round
With the new round of funding, the total equity raised so far has reached $39m.