-
Property MGA Arden Insurance Services specialises in multi-family habitations. -
BI claims are notoriously difficult to manage and some insurers believe binary coverage can help.
-
The once niche product is generating interest in a growing number of industries and sectors.
-
Most US states have been silent on the regulation of parametric insurance.
-
It is targeting $25mn GWP this year and $50mn GWP in 2025.
-
The broker will be using Verisk US agricultural risk models.
-
The executive has also served as agriculture reinsurance VP at Navigators.
-
Both businesses are led by former Universal Insurance Holdings CEO Bradley Meier.
-
The partnership will increase K2's capacity for US hurricane and earthquake exposure.
-
The company raised $7mn in a Series A in January 2021.
-
The practice aligns existing capabilities from Marsh Specialty and others.
-
The product was made through a partnership with technology provider Safehub.
-
The launch is Chaucer’s first foray into the class.
-
This publication revealed that the company was raising capital earlier this year.
-
The broker has also appointed Charlie Liddle and Rowan Minhas to the team.
-
It is understood that the InsurTech began fundraising late last year.
-
The 30-strong segment will combine reinsurance and capital markets with data, analytics and technology.
-
The coverage is designed to reduce the island’s obligation to the US Federal Emergency Management Agency.
-
Mayer will manage a global centre of excellence for parametric products and report to Paul Schultz, CEO of Aon Securities.
-
Guy Carpenter was the sole placing broker sourcing capacity for the tie-up.
-
The parametrics pioneer said Ardonagh would bring additional capacity to clients with new solutions.
-
Ibarra joins the climate risk-focused platform after more than six years as CEO of Global Parametrics, a London-based InsurTech.
-
The product will provide $100mn in cover across eight countries at high risk of tropical cyclones.
-
The executive will no longer serve as an officer and director of the program manager and its subsidiaries.
Most Recent
