All articles by Shubhendu Vimal
Shubhendu Vimal
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.
AXA completes re-domiciliation of China insurance unit to Hong Kong
The move involves ACRIB, which has been renamed AXA China Region Insurance Company (Hong Kong) following the transfer.
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AXA platform partners with ICEYE for satellite-based extreme weather tracking
AXA DCP said the satellite data will be applied across areas including natural catastrophes, cybercrime and geopolitical risk analysis.
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.