All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
AI insurtech firm 1Fort raises $7.5m in oversubscribed funding round
The round was oversubscribed and included contributions from Draper Associates, Ramp founder Karim Atiyeh, and all existing venture capital firms.
Ignyte Insurance launches as specialty insurance platform
This move is part of the recent sale of NSM Insurance Group’s US commercial business to New Mountain Capital.
Qover introduces insurance platform for BMW and MINI in Ireland
The partnership enables Irish customers to obtain quotes, sign up for policies and manage their insurance online or through customer care support.
K2 Cyber teams up with TransUnion to enhance cyber insurance offerings
The collaboration gives K2 Cyber policyholders access to TransUnion’s TruEmpower CyberScout to mitigate cyber risks.
Lloyd’s invests in cyber innovation company BreachBits
The investment follows BreachBits’ successful project in Lloyd’s Lab cohort 13.
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Insurance solutions provider Luma raises $63m in Series C round
The round, led by Sixth Street, also saw participation from Bank of America, Morgan Stanley, UBS and TD Bank Group.
Patanjali, others get CCI nod for Magma Insurance stake purchase
The foundations involved in the deal are S R Foundation, Riti Foundation, RR Foundation, Suruchi Foundation and Swati Foundation.
Pool Re hires chief finance and investment officer from AllianceBernstein
This appointment comes ahead of the planned retirements of CIO Ian Coulman and CFO Peter Aves in 2025.
Markel to take over marine insurer MECO Group
MECO offers marine coverage through the Charterers P&I Club, Transmarine and Aurora P&I brands.
Brown & Brown buys Irvine Commercial Insurance
Irvine offers insurance products including motor fleet, commercial combined, combined liability and contractors all risks across the Midlands region in the UK.