-
The investor projects GWP at its largest portfolio company to rise by almost a third this year. -
Investors in London-based insurer include specialist InsurTech backer Mundi
-
InsurTech’s staff each receive share options worth €5,000.
-
New funding round led by EQT Growth nets pet InsurTech a $2bn valuation.
-
The company can now deploy $30mn for expansion across the US and Europe.
-
The Julian Teicke-led InsurTech confirms 2020 revenue of $143mn.
-
The vehicle would need to raise in excess of £200mn if the proposed listing rules go into effect.
-
The week also saw further reshaping in contingency and marine markets, and Insurance Insider’s InsurTech conference.
-
The amount of special purpose acquisition company (SPAC) capital currently available points to a continued elevated period of InsurTechs using SPACs as a means to go public, according to a panel of investors in the sector.
-
Root’s reinsurance buyer Espinoza said that reinsurers had been receptive and appreciative.
-
Draper Esprit, Astanor Ventures, Lowercarbon Capital, Future Positive Capital and Time Ventures participate in financing round.
-
The company is working with Zurich to help speed up the claims-payment process.
