All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Mitsui Sumitomo to buy Japan’s TMU

TMU has been providing underwriting services to Mitsui Sumitomo Insurance since 2020.  

Aon unveils new insurance facility for data centre lifecycle 

The facility integrates coverage for construction, cargo, cyber, and operational risks into a single coordinated programme. 

INSHUR receives $35m from Trinity Capital  

The company intends to use the funding to support its expansion in the US and enhance its AI-driven tools for underwriting and dynamic pricing.   

JMG Group acquires London-based Profile Insurance Services  

Originally focused on providing cover for high-net-worth footballers, the firm now serves a diverse range of commercial and personal clients.  

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. 

Tokio Marine subsidiary WorldTrips announces leadership change

Mark Carney, who has served as WorldTrips’ CEO, will take on the role of chairman.