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BharCap acquires Insurvia from Gemspring Capital
Insurvia is an insurance services holding company that specialises in distributing policies from more than 50 insurance companies.
Reask, AXA Climate to offer parametric windstorm insurance solutions
The partnership will utilise Reask’s Metryc to provide insurance solutions based on accurate location-specific wind speed information.
McGill and Partners’ new Fire Safety Reinsurance Facility launched
The facility will address the challenge of securing insurance for buildings with combustible cladding and fire safety concerns.
Aon rolls out digital third-party risk management tool
The tool offers a real-time dashboard and analytics to provide immediate insights into third-party insurance compliance status.
UK insurer Seventeen Group executes double deal
The two acquired businesses will eventually rebrand to James Hallam, Seventeen Group’s broking subsidiary.
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VIU and Mile Auto to offer cost-effective insurance for low-mileage drivers
The collaboration with Mile Auto will allow VIU to offer affordable car insurance for drivers who cover fewer miles.
US business insurance start-up Vouch lands $25m Series C-1 funding
The company will use the latest investment to expand its insurance product offerings and distribution channels.
US Treasury, NAIC to assess climate-linked financial risks in insurance
The collaboration will involve gathering ZIP Code-level data from the largest homeowners’ insurers through the National Association of Insurance Commissioners (NAIC).
Open Lending turns to Akur8 to improve Lenders Protection platform
Akur8’s solution is expected to improve the speed, accuracy and transparency of the Lenders Protection platform.
Venture, Vortex team up on weather insurance for private clubs
The tie-up will protect clubs from weather-related risks, with a focus on parametric rain and supplemental hurricane insurance.