Novea Raises $55 Million to Advance InsureTech Platform
Financial technology software company Novea, Inc. has closed $50 million in equity and $5 million debt financing.
Chubb Supports Debt Restructuring for Nature Project in Belize
Chubb is supporting the US International Development Finance Corporation’s participation in a landmark debt restructuring and ocean conservation project in Belize.
AI Report on 2021 Cyber Insurance Evolution Released
The report provides insurers with insight into unprecedented change and risk being driven by the pandemic
Bruce Baude Becomes New MIB Group Chairman
MIB Group has announced the election of its new Chairman and Vice Chairman of the Board of Directors for 2021-22 and the re-election of four incumbent Directors to the Board.
Parametric Solution for Sovereign Borrowers Designed to Build Resilience to Climate Shocks
The brand new parametric tool will help unlock the financing of nature-based solutions in achieving global net zero and biodiversity targets.
Aviva Invests in Sustainability-Focused Venture Capital Funds
Aviva will invest £50 million into venture capital funds focused on emerging technology which supports a more sustainable future.
New Digitally-led Broking Brand to Create 60 New Jobs
Prestige Insurance Holdings has announced a £3million investment in a new digitally-led broking brand to be launched in early 2022.
Virtual Reinsurance Renewal Season Helps Insurers Manage Systemic Risk
Aon plc launched its second Virtual Reinsurance Renewal Season to provide insight to insurers approaching reinsurance renewals.
Medical Professional Liability Expert Hired by Specialist Insurer
Specialist insurer Beazley has hired Joseph Washington in a move to expand its Hospital Professional Liability portfolio in the United States.
Major Investment Values Broker and Insurance Distribution Platform Ardonagh at $7.5 billion
The investment underscores Ardonagh’s successful transformation and significant growth over past five years and Group’s future growth prospects