All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
Trucordia wraps up debt refinancing to enhance capital structuring
The refinancing includes a $1.94bn first lien term loan B and a $548m second lien term loan B, arranged with Blue Owl Capital.
CRC’s AmRisc establishes Calais Reciprocal Insurance Exchange
Domiciled in Illinois, US, the exchange is backed by $100m in funding.
Willis unveils digital insurance platform for Australian SMEs
Types of coverage include cyber liability, professional indemnity, public and product liability, business contents and business theft.
Howden snaps up retail broker U&F to bolster presence in Chile
U&F offerings include aviation, civil liability, construction, marine hull, motor and P&C, among others.
Verisk selects One Inc’s PremiumPay for insurance payments
The move allows inbound payment functionalities to be incorporated directly into the configurable architecture of the FAST system.
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Allianz to shed 650 insurance jobs in UK amid market pressure
The insurer cited the “backdrop of higher claims costs and softening market conditions” within its personal insurance segment.
Mphasis partners with Sixfold to enhance AI-driven insurance underwriting
As an implementation partner, Mphasis will integrate Sixfold’s AI platform to assist insurers in accelerating their underwriting processes.
Australia’s TAL partners with Cover Genius for embedded life insurance product
Dubbed backd by TAL, the new offering will target part-time workers, contractors and casual employees.
Wefox wraps up sale of Italian operations to J.C. Flowers
The existing leadership team at wefox Italia will continue to steer the company under this new ownership structure.
Hiscox Syndicates names new COO
Harriet Hanna will assume her new role in September, succeeding the retiring Adam Rushin, who has served Hiscox for more than 25 years.