Unicorn Underwriting, the London-based Managing General Agent (MGA) of Amwins, has announced it has secured a box at Lloyd’s, demonstrating the firm’s commitment to “maintaining excellent service levels” and its belief in face-to-face trading.
Auto sales were mixed for dealers in September and October as affordability woes hampered consumer spending despite the Federal Reserve’s…
Insurtech platform and FinTech company Arbol has announced the appointment of Charlie Kornberger, who joins the company as Chief Revenue Officer and Deputy Chief Financial Officer (CFO).
1970 Group, the specialised risk financing provider for the insurance sector, has secured a growth capital investment from Bain Capital Insurance, the insurance investing unit of Bain Capital, in a move that is set to support the firm’s continued expansion of its liquidity management solutions for insured organisations.
Artificial intelligence (AI) was the dominant topic at the most influential automotive finance conclave of 2024 — the 15th annual…
Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc., plowing $5 billion into…
The UK Prudential Regulation Authority (PRA) is finalising its consultation on the use of funded reinsurance (Funded Re) in defined pension risk transfer (PRT) deals. The review began in November 2023 and will conclude on February 16, 2024.
Dozens of financial services job roles will see much of their work taken by data analytics and automation in the next few years, according to a new report from Singapore, which is preparing for the radical workforce shift with a new career training programme focused on emerging technology roles.
The results of the latest Applied Rating Index by Applied Systems shows that average premiums for both Personal Auto lines and Personal Property lines increased in Canada year over year, in the fourth quarter of 2023.
Bermuda-based reinsurer Conduit Re recorded a rise in gross premiums written (GPW) in 2023 to $931.4 million, as reinsurance revenue increased 61% year-on-year to $633 million and the company’s combined ratio strengthened considerably to 72.1%.
Helvetia, a Swiss insurance provider, has partnered with Coinnect, a cyber risk management platform, to implement advanced Cyber Insurtech solutions that enhance cyber risk assessment and support clients in mitigating cybersecurity threats.
