Markel Insurance, the insurance operations within Markel Group Inc., has entered a strategic collaboration with Greenhouse Specialty Insurance Services, LLC, a program administrator specialising in environmental casualty insurance products.
In a unanimous decision, the Non-Executive Directors of non-life specialty insurer R&Q have recommended the separation of its business through a proposed sale.
Bain Capital Insurance has committed a substantial $200 million investment to spearhead The Mutual Group, a novel insurance platform designed to revolutionise the mutual insurance industry.
Akua, a Latin American payments startup founded by former executives at Mastercard, dLocal, PayU, Jeeves and Pomelo, has secured a $4.3 million seed investment led by Propel and supported by Plug and Play, HTwenty, RallyCap, Flourish Ventures and ICventures.
Munich Re has a “strong appetite for nat cat” and believes they have the skills and capabilities to write it, according to a statement by Goldman Sachs, following a management meeting on June 30 th .
Citi is the latest Wall Street giant looking to hoover up programming talent, embarking on a recruitment drive that will see it hire 2500 coders and data scientists for its investment bank this year.
Mastercard has partnered with the UAE government to advance AI capabilities and development in the Middle East. Along with the partnership Mastercard has established a global Centre for Advanced AI and Cyber Technology in Dubai to accelerate generative AI research.
A Welsh fintech startup has developed a novel way to combat card-not-present fraud – by migrating offline tap and pin payments to the e-commerce realm.
Agents and Brokers, Construction, P/C Insurers, Reinsurance Marsh & McLennan, Munich Re
Fintechs that fail to embed AI into their operating model will find it increasingly difficult to orchestrate an exit, according to investment bank and tech advisory firm Artis Partners.
Average wholesale prices on powersports products at auction fell in June after values stayed relatively flat from April through early…
Analysts at Bloomberg Intelligence have cited inflation, high costs, and premium rates needing to rise as three key themes for the European property and casualty (P&C) sector in 2024.
