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Munich Re-backed Vouch raises $45mn and launches in California
The company has raised $70mn since it was founded less than a year ago.
Bernard Goyder
,
November 20, 2019
North P&I club to hike rates by 7.5% for 2020-21 policy period
The mutual said the rise was necessary to ensure financial stability amid rising claims.
John Hewitt Jones
,
November 20, 2019
Marsh sues CAC over alleged 'wrongful scheme' to poach staff
Marsh alleged that employees encouraged each other to leave JLT Specialty USA and Marsh and join CAC in violation of their contracts.
Rachel Dalton
,
November 20, 2019
Terrorism insurance legislation passes US Senate committee
The legislation must now be approved by lawmakers in the Senate.
John Hewitt Jones
,
November 20, 2019
Aon to acquire InsurTech CoverWallet
The purchase reflects the broker’s stated acquisition strategy of buying complementary businesses and services and of expanding digitally.
Anna Sagar
,
November 20, 2019
InsurTechs report (re)insurance capacity squeeze
Surround executive Kate Terry blamed the capacity drought on an earlier generation of start-ups during an event in New York.
Bernard Goyder
,
November 19, 2019
NFIP short-term funding extension moves to Senate
More than a dozen stopgap measures have been enacted since funding for the scheme expired in 2017.
John Hewitt Jones
,
November 19, 2019
Terrorism insurance program passes House of Representatives
The Terrorism Risk Insurance Program Reauthorization Act (Tripa) will now go before the US Senate.
John Hewitt Jones
,
November 19, 2019
StarStone stops writing US A&H business
Former global A&H head Jeff Herman has also left the role this month after more than two years with the firm.
Bernard Goyder
,
November 19, 2019
CAC Specialty deepens ties with investment fund Fortress
The arrangement will allow CAC to offer lending capability to back M&A, growth capital and recapitalisations.
Bernard Goyder
,
November 19, 2019
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