All articles by vidhya munnangi

vidhya munnangi

Ping An P&C, FAW Hongqi partner on intelligent driving coverage  

The service offers protection for intelligent driving liability, addressing eight common scenarios. 

Amwins launches public entity excess casualty programme 

The new programme offers liability coverage up to $3m per occurrence and workers’ compensation up to $2m per occurrence.  

LSM, Baobab team up on e-crime insurance offering for SMEs 

This collaboration offers SMEs a tailored solution to protect against digital fraud risks including CEO fraud and deepfakes. 

Climate risk data provider Reask lands $4m in funding  

The round was led by the InsuResilience Investment Fund Private Equity II (IIF II), managed by BlueOrchard Finance. 

UN unveils local market ecosystem for parametric insurance in Pacific 

The ecosystem of private-public sector partners will offer micro and meso insurance solutions tailored to the region’s needs. 

BHSI names new head of claims for Australasia 

Operating out of Auckland, Megan Howe will report to BHSI chief claims officer Dave Crowe. 

IK Partners to buy minority stake in UK broker Seventeen Group 

With IK Partners’ backing, Seventeen Group is looking to accelerate growth and use technology to tap new market opportunities. 

India’s Patanjali, DS Group to buy controlling stake in Magma General Insurance 

The transaction will be executed through an SPA and is subject to regulatory approvals.  

Generali Group adjusted net result rises to $4.9bn in 2024 

In Q4 2024, the company reported an adjusted net result of €889m ($966.78m), a 49.3% increase from the same quarter of the previous year.  

Ardonagh Advisory acquires Anderson & Co 

The Anderson team will integrate into the North Division of Ardonagh Advisory GI Broking.