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Indian digital insurance broker CoverFox has raised $22mn in a funding round led by the World Bank’s International Finance Corporation and US life insurer Transamerica.
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A blockhain collaboration between Everledger and Diamond Durability Laboratory allows underwriters to see data on the gems they are insuring.
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National Security Minister Wayne Caines explains how the island is creating a legislative framework for cryptocurrencies.
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Lloyd's managing agents face the prospect of capital loading increases if they miss electronic placement usage targets
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InsurTech start-up Extraordinary Re has signed a deal with exchange operator Nasdaq to use its technology to run a new insurance-linked securities (ILS) trading platform.
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Technology will be a critical force in countering the London market's loss of market share in emerging economies, Lloyd's CEO Inga Beale said last week.
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InsurTech funding volumes leapt by 36 percent to $2.3bn in 2017, according to data from Willis Towers Watson. -
The broad shape of the 1 January renewals is now clear. And although there is a bull case to be made around casualty and an uptick in elements of primary pricing, the outcome is broadly disappointing for a reinsurance market still disproportionately reliant on property to make money.
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The development of the global InsurTech market is reaching a turning point and some high-profile start-ups will fail, delegates at InsiderTech New York heard last week.
