All articles by Shubhendu Vimal

Shubhendu Vimal

MNK International opens São Paulo brokerage to enter Brazilian market

The new unit will support work across areas such as engineering, financial lines, large industrial risks, marine, oil and gas, property and other complex exposures.

AIG finalises minority stakes in Convex and Onex

Under the agreements, AIG bought roughly 35% of Convex for about $2.1bn and acquired a 9.9% holding in Onex for approximately $642m.

Ryan Specialty appoints Stephen Stewart to lead Canada unit

Stewart takes on the role at Ryan Specialty Canada following a merger of local underwriting operations.

Aon partners with SecurityScorecard to widen cyber risk offering

Under the arrangement, SecurityScorecard’s outside-in risk management tools will be made available alongside Aon’s CyQu data platform.

Cytora, Altitude Intelligence partner on geospatial underwriting data

Under the agreement, Altitude Intelligence’s geospatial and multi-source fusion data will be integrated into Cytora’s platform.

Radian completes $1.67bn Inigo deal

The deal, unveiled in September 2025, was largely cash-funded and closed at $1.67bn after adjustments.

SCOR expands Baobab cyber capacity via Lloyd’s

Under the arrangement, SCOR has added capacity to Baobab’s existing binder, widening eligibility to companies generating up to €1bn ($1.18bn) in annual revenue in Germany and Austria.

Indigo secures $50m to scale AI-led medical liability platform

The financing round was led by existing backer Rubicon Founders, with new investor Town Hall Ventures joining current participants including Optum Ventures.

Howden acquires PIBL to expand Channel Islands operations

PIBL, formerly known as Vantage Insurance Brokers, serves clients in the offshore financial services sector as well as HNWIs, family offices and trust companies.

Fulcrum raises $25m to expand insurance automation tools for brokers

The financing was led by CRV, with backing from South Park Commons, Foundation Capital and a number of angel investors.