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Willis’ latest InsurTech briefing shows how a small group of InsurTechs are securing the lion’s share of investment via $100mn-plus mega-rounds. -
Generali has proposed to acquire the shares of Cattolica it does not already own.
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The company cited “substantial support” from investors on the updated terms.
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Rachael Wallington has been promoted from her current role as lead class underwriter for agriculture reinsurance.
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People movement is picking up in the sector, which is experiencing broadly stable rating thanks to ample capacity.
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The pair have created a ‘carbon risk rating’ for customers that underwriters can use when considering the impact of each policy.
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Chris Wallace has worked at the Australian carrier since 2008 in several senior positions.
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The Bank of England will vote on raising interest rates in early November.
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The carrier has seen an exodus of financial lines staff amid a battle for top talent in the line of business.
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As part of the deal, Seoul-based VIB will become a newly licensed entity called BMS Korea.
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The carrier said the claims stemmed from Hurricane Ida and storms in Europe.
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The class of business was the first to launch at the Mitch Blaser and Mark Wheeler-led start-up.
