All articles by Shubhendu Vimal
Shubhendu Vimal
Zinnia collaborates with Snowflake on real-time insurance analytics and AI
As part of the arrangement, Zinnia has deployed Snowflake’s data platform across its operations to underpin ML and AI-driven applications.
Wrisk secures Allianz backing in Series B funding round
The round was led by Alma Mundi Ventures and Opera Tech Ventures, with Allianz joining Wrisk’s existing group of strategic shareholders following earlier investment rounds.
SCOR joins insurer consortium for new global AI and data centre cover
Under the facility, SCOR will serve as lead insurer for the EIL component.
Aon increases data centre insurance programme capacity by $1bn
The expansion increases total available capacity to $2.5bn (£1.86bn), at a time when risks across global data centre developments are becoming more complex.
Warburg Pincus weighs potential sale of McGill and Partners
The transaction could value the business at more than $1bn (£743.2m).
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SelectQuote closes $415m credit facility, extends debt maturity
The refinancing extends the company’s term debt maturity to January 2031 and increases liquidity to support ongoing operations.
Corgi Insurance secures $108m to launch insurance carrier for start-ups
Backers include Contrary, Glade Brook Capital Partners, Kindred Ventures, Leblon Capital, Oliver Jung, Seven Stars and Y Combinator.
AXA XL names Matthew Stitham as Americas casualty underwriting chief
Based in San Francisco, Stitham will report to Donna Nadeau, AXA XL’s head of large commercial business.
Ascot plans US treaty reinsurance expansion in leadership reshuffle
Justin Keith, currently CEO of Ascot Bermuda, will move to the US later this year to oversee the development of the group’s treaty reinsurance business in the US market.
Colmobil selects Novidea platform to unify vehicle insurance operations
The rollout will span Colmobil’s insurance business to simplify workflows, cut down on manual tasks and strengthen data-led decision-making.