All articles by Shubhendu Vimal
Shubhendu Vimal
Zurich expands data centre construction insurance to five new markets
Originally developed by Zurich North America’s construction team, the product bound business within weeks of its US launch before being rolled out across five new territories.
Insurity and EOX Vantage partner to modernise P&C insurance operations
The arrangement brings together Insurity’s core software with EOX Vantage’s managed services and automation capabilities.
Willis Towers Watson buys digital asset insurance platform Redefind
Redefind’s co-founders, Richard Daws and Connor Edward, have joined WTW following completion of the transaction.
Wipro to raise stake in US insurtech company Aggne Global to 80%
The move follows the completion in February 2024 of Wipro and Wipro IT Services’ acquisition of a 60% stake in Aggne Global IT Services Private Limited and Aggne Global, respectively.
South Korea’s DB Insurance finalises $1.65bn Fortegra acquisition
The deal, first announced last September, closed after Tiptree shareholders approved it in December.
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ICA calls for structural changes to compensation scheme
The ICA’s position, set out in a submission to Treasury’s options paper on CSLR sustainability, is that reforms must target the underlying drivers of costs rather than focus solely on new revenue mechanisms.
Aon revamps credit reinsurance operations with global hub strategy
Rupert Evans, international head of credit and financial risks reinsurance, will move from London to New York as part of the reorganisation.
Generali Q1 premiums rise by 6.8% as operating result grows
The Italian insurer’s consolidated operating result reached €2.23bn ($2.59bn), up 8.1%, while the adjusted net result rose 5.2% to €1.26bn.
Markel and Willis create dedicated nuclear insurance facility
The facility covers property damage and business interruption for both nuclear-critical and conventional exposures.
CopperPoint to acquire surety specialist GIG in US insurance deal
The transaction covers GIG’s full portfolio of subsidiaries: insurer UCS, surety placement platform BOSS Bonds and technology platform SuretyBonds.Market.