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Propel secures Flexpoint Ford PE backing

Fresh financing will boost the MGA's growth in the US Pacific Northwest and beyond.

David Bull, 09 May 2018
Citizens approved to raise risk transfer to $1.42bn

State-backed carrier is authorised to spend up to $92mn to acquire catastrophe coverage.

David Bull, 09 May 2018
UPC posts strong growth aided by AmCo deal

Florida insurer's $322mn purchase of American Coastal boosted both premiums and expenses.

Ted Bunker, 09 May 2018
Chubb rehires Williams as North American mid-market manufacturing EVP

Williams returns from CNA to replace Locke, who is set to retire at the end of the year.

Laura Sanicola, 09 May 2018
Profits double at ProSight in first quarter

Program specialist drives combined ratio below 100%.

Adam McNestrie, 09 May 2018
Weinstein counterpunches Chubb over denial of #MeToo coverage

Weinstein sues Chubb for denying legal expense cover tied to alleged sexual assaults.

Laura Sanicola, 09 May 2018
Simplesurance collects $24mn in new funding to fuel expansion

Participants in the series-C funding round included Allianz X, Rheingau Founders and Rakuten Capital.

Ted Bunker, 09 May 2018
Insurers document climate risk exposure in their investments

California regulator examines insurers' fossil fuel investments.

Ted Bunker, 09 May 2018
HDI reshuffles board as ten Eicken steps down

The industrial lines insurer announces reshuffle of its management board.

Rachel Dalton, 08 May 2018
Deliveroo gives delivery riders free insurance

Hiscox and Axa to provide accident and liability cover for the food delivery firm's riders.

Bernard Goyder, 08 May 2018

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