Former Revolut duo launch banking on blockchain startup
Two ex-Revolut employees have raised $2.3 million in pre-Seed funding to build Bleap, a self-custodial stablecoin app with an accompanying debit card.
Two ex-Revolut employees have raised $2.3 million in pre-Seed funding to build Bleap, a self-custodial stablecoin app with an accompanying debit card.
French reinsurance company SCOR has returned to the catastrophe bond market, securing $240 million of retrocession protection against named storms in the US and the Caribbean, earthquakes in the US and Canada, and European windstorms.
Agents and Brokers, D&O, Employment Practices, P/C Insurers United Kingdom Lloyd’s of London
Operating earnings for midsize, diversified US life insurers in 2021 experienced continued unfavourable impacts, largely due to the pandemic and the resulting above average levels of mortality and morbidity.
Specialty insurance broker McGill and Partners has appointed John Judice as the new President of its US business segment, where he will focus on driving business development activity across the firm’s specialty platform.
Super-regional property and casualty insurance holding company, Heritage Insurance Holdings, Inc., has completed the primary offering of 3,703,703 shares of its common stock, which alongside a private placement, has raised gross proceeds of $26.5 million.
Lloyds Banking Group is building a new machine learning (ML) and Generative AI (GenAI) platform using Google Cloud’s Vertex AI.
Chainproof, which plans to offer licensed, institutional-grade insurance coverage for open-source, non-custodial smart contracts, has announced its launch.
Howden, the global insurance and reinsurance broking group, has announced the acquisition of Gravitas Insurance Agency LLC (Gravitas), a US retail brokerage specialising in contingency insurance for music, sport and live events.
US primary insurance carrier Travelers has grown the size of its main Northeast Property Catastrophe Excess-of-Loss Reinsurance coverage by $100 million at the July 1st, 2022, reinsurance renewals, as the firm saw price increases aligned with those seen on its inwards book.
Catastrophes, P/C Insurers, P/C Pricing, Reinsurance Swiss Re
The FCA has told financial firms to do more to ensure politically exposed persons (PEPs) and their families are not treated unfairly.
It’s been a busy year for the Finextra TV team, posting 251 video interviews with leading industry figures during the course of 2018. Here are the top five by viewing figures.