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The regional scene continues to mature, receiving more attention from foreign investors and InsurTechs alike.
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His comments came shortly before Munich Re raised the curtain on its latest $250mn investment, Next Insurance.
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The Series B round brings fundraising to date to almost EUR17mn.
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James Nash and Jon Hancock among speakers at Guy Carpenter Baden-Baden reinsurance Symposium yesterday.
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The drone insurance start-up will initially insure flights for the UK, Belgium and Sweden and Finland.
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The machine learning company counts Chubb and RenaissanceRe among its customers.
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Most InsurTech startups will probably fail, the Starr chairman and CEO predicted.
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The Bavarian carrier is slated to remain an investor in the InsurTech after the reinsurance change at 1.1.
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The Lloyd’s chairman suggests the post will enhance, rather than detract from, his work at the Corporation.
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InsureTech Connect in Las Vegas felt frothy.
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Fronting insurer became the paper provider to three InsurTech and E&S businesses, Inshur, Openly and Orchid in the last month.
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The Series C round implies a “unicorn” valuation for the InsurTech of over $1bn.