All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

Proptech company Steadily raises $30m in Series C round  

The round was led by Two Sigma Ventures, with participation from Zigg Capital and Clocktower Technology Ventures, among others. 

JMG Group expands with triple deal 

JMG Group CEO Nick Houghton emphasised the acquisitions as “balancing entrepreneurial autonomy with Group-wide support”.  

Global Parametrics named Lloyd’s coverholder for Canopius 

Global Parametrics has binding authority to underwrite for Canopius, focusing on natural disaster perils. 

Chubb net income plummets 38% in Q1 2025  

The insurer’s after-tax core operating income declined 31.1% year-over-year to $1.49bn. 

Markel overhauls US and Bermuda divisions, makes leadership changes 

The US and Bermuda operations are now split into two divisions: US Wholesale & Specialty and Programmes and Solutions.  

HUB unveils insurance offering for HNWIs operating small businesses 

The service offers specialised coverage options to address risks and liabilities that come with operating a small business. 

Swiss Re appoints Helvetia executive as new chief risk officer 

Bernhard Kaufmann’s career in the reinsurance sector spans 17 years, during which he has worked at NN Group and Munich Re. 

Admiral Group to divest US motor insurance portfolio to J.C. Flowers  

Elephant Insurance offerings include tools designed to assist customers in selecting protection within their financial means. 

Sapiens to buy automation service provider Candela  

This move is intended to augment Sapiens’ life insurance product suite and extend its market reach in APAC. 

Swiss insurers Helvetia and Baloise plan merger 

Helvetia Baloise will be the second-largest insurance group in Switzerland with business volumes of SFr20bn ($24.34bn) upon deal completion.