All articles by vidhya munnangi
vidhya munnangi
Indian government approves OFS in insurance giant LIC
The move aims to broaden the shareholder base of the insurance colossus and to monetise part of the government’s stake.
COVU buys California-based Leland Insurance
Leland Insurance Services, led by Richard Herscowitz, is known for its portfolio of personal, commercial P&C business.
Cowbell introduces new cyber compliance support for SMEs
The offering, Compliance-as-a-Service, targets startups, growth-stage companies, and service providers.
Wrisk secures $16.3m to fuel growth in embedded insurance
The funding round was co-led by Mundi Ventures, Opera Tech Ventures and BNP Paribas’ venture capital arm.
wefox garners €151m in funding
The company raised €76m from existing investors and refinanced €75m credit from Searchlight.
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Tokio Marine subsidiary WorldTrips announces leadership change
Mark Carney, who has served as WorldTrips’ CEO, will take on the role of chairman.
King Risk Partners purchases Louisiana Insurance
Louisiana Insurance Services, operating for more than 40 years, provides personal and commercial insurance solutions across Louisiana.
CRC Group to buy Lloyd’s managing agency Atrium Underwriting
Atrium Underwriting specialises in writing specialty insurance and reinsurance across property, casualty, and other specialty business groups.
PRA, FCA and Lloyd’s to speed up agent authorisation
The PRA and FCA will retain statutory decision-making roles but increase reliance on Lloyd’s assessment work.
Winged Keel acquires Minnesota-based MBW Group
MBW Group is known for its expertise in the life insurance industry, catering to wealthy families and business owners.