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InsurTech wrap: Lemonade, Loadsure, WeFox, InsurTech UK
A roundup of InsurTech news from 24 March to 3 April.
Insurance Insider
,
04 April 2020
Florida bar sues Lloyd’s insurer in latest Covid-19 BI dispute
Prime Time Sports Grill says its insurance claim was denied on 23 March.
John Hewitt Jones
,
04 April 2020
AM Best puts Pure on positive outlook following Tokio Marine deal
Pure’s balance sheet was characterised as very strong, its operating performance neutral and its business profile neutral.
Bernard Goyder
,
04 April 2020
Travelers to advance $100mn in commission payments to agents
The carrier is speeding up commission payments to provide help amid the coronavirus crisis.
Bernard Goyder
,
04 April 2020
Gard selects Windward as marine data provider
Marine insurers are working with tech firms to improve the quality of underwriting data.
John Hewitt Jones
,
04 April 2020
GuideOne hires Schiavone as head of construction
Derek Schiavone previously worked at WR Berkley-owned Vela Insurance.
John Hewitt Jones
,
04 April 2020
Hancock to start new AIG role on 1 June
The Lloyd’s performance management director delayed his departure from the Corporation to assist with Covid-19 planning.
Adam McNestrie
,
03 April 2020
Germany and France mull trade credit state intervention
Trade credit sources welcomed plans for backstops but warned of reduced premium levels.
Anna Sagar
,
03 April 2020
Premia cash bid for Greenlight Re rejected
The total-return reinsurer called off its sales process yesterday and announced a buyback.
Adam McNestrie
,
03 April 2020
Fitch puts Lloyd’s on negative ratings watch
The ratings agency said uncertainty around Covid-19 threatened underwriting performance and earnings.
Anna Sagar
,
03 April 2020
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