All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Lewis & Ellis acquires Huggins Actuarial Services 

Huggins Actuarial Services offers services to insurers, self-insurers, captives and risk retention groups. 

UK court rules insurers must pay more than $1bn for planes seized in Russia 

The judgement impacts insurers such as AIG, Lloyd’s of London, Chubb and Swiss Re.    

LevelBlue to buy Aon’s cybersecurity and IP litigation consulting groups  

This move is expected to enhance LevelBlue’s capabilities in cyber and high-tech IP litigation consulting and incident response. 

Baldwin subsidiary to buy Hippo’s homebuilder distribution network  

The acquired network generated revenues of approximately $29.2m in the most recent trailing 12-month period. 

Samsung Fire & Marine Insurance raises stake in Canopius  

This marks SFMI’s third investment in the Canopius Group, with initial investments in 2019 and 2020. 

Bolt integrates Arch Insurance’s travel plan into distribution platform  

The tie-up uses bolt’s technological infrastructure and distribution network and Arch Insurance’s expertise in travel insurance. 

Cogitate and Xceedance team up to launch Colorado FAIR Plan 

The plan was established to provide property insurance access in areas of Colorado at high risk from wildfires and hail. 

Pool Re taps Clearwater Analytics to support investment operations 

The implementation will provide scenario and shock analysis for risk assessment and support data-driven decision-making. 

Markel rolls out new insurance product for insurtech companies

The product offers protection for businesses domiciled in the UK, Europe, Australia, Asia and Canada, with limits up to £10m ($13.55m).  

Hub launches new insurance product for Canada’s forestry industry  

The insurance targets forestry contractors, sawmills, manufacturers, and businesses managing access roads or powerline clearing.