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Marsh extends blockchain ‘proof-of-insurance’ system with IBM
Marsh will work with Salesforce to offer clients system access to verify insurance.
Marissa Page
,
27 September 2018
Slice Labs raises $20mn from backers including Munich Re and Sompo
Slice Labs aims to use the cash to respond to robust demand for its cloud services.
Bernard Goyder
,
26 September 2018
Florida Citizens shows a 4% drop in ceded first-half premiums
Validus, Nephila and Everest lead reinsurers providing Irma payouts to Citizens.
Ted Bunker
,
26 September 2018
Hiscox names international chief as reinsurance COO
Andrew Dolphin will remain in London and report to Hiscox Re & ILS CEO Mike Krefta.
Sofia Geraghty
,
26 September 2018
InsurTech Concirrus closes new £5mn funding round
IQ Capital and Eos lead the round, which takes total funding to £12mn.
John Hewitt Jones
,
26 September 2018
Florida Citizens predicts $126mn in Irma private reinsurance pay-outs
The state-backed carrier anticipates 70,800 claims from last year's hurricane and a litigation rate of 30 percent in personal lines.
Lucy Jones
,
26 September 2018
The Hartford’s Navigators bid unchallenged as ‘go-shop’ ends
Navigators approached 44 potential acquirers about rival proposals.
Rachel Dalton
,
26 September 2018
AIR estimates Mangkhut insured losses at up to $2bn
The range excludes losses including business interruption and auto claims in mainland China.
Rachel Dalton
,
26 September 2018
Maryland auto insurer Paramount ordered into receivership
Paramount’s growth dropped this year and its combined ratio deteriorated.
Ted Bunker
,
26 September 2018
Boost InsurTech platform marks a milestone with Paladin launch
Boost aims to help startups accelerate market entry without involving incumbents.
Ted Bunker
,
26 September 2018
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