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The appointment comes as the InsurTech works to expand its presence in London and Zurich. -
The Tremor CEO spoke to Inside P&C recently, offering an inside look at his company’s Panorama platform.
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The index tracks 18 innovative US insurance companies that have listed in the last 10 years.
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Aon-Willis, CFC's new Lloyd's syndicate, Talbot's contingency retreat and more.
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Existing investors Crosslink Capital and IAG Firemark Ventures also participated, along with RPS Ventures.
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About $2.55bn was raised across 146 deals between January and March, with both numbers the highest since record began in 2012.
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The volume of deals also reached a record high of 146 over the period, up by 42% compared with the prior quarter.
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Participants in the IPO will purchase American Depository Receipts, securities linked to a Cayman Islands holding company Waterdrop Inc.
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The cohort reflects four focus areas of climate change and decarbonisation; geopolitics; data and models; and claims support services.
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Binding insurers include Chubb and AIG, with reinsurance from Munich Re.
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The London company will use the funding to expand into new territories, develop new products and improve distribution.
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Paul Prendergast and Peter Bermingham founded the business in 2016 and will stand aside for managers at owner CPP Group.
