All articles by vidhya munnangi

vidhya munnangi

FTP acquires Coastal Flood Underwriters to bolster flood insurance  

Later this month, FTP plans to launch its Flood Platform, which will integrate its managed flood programme with other industry products. 

Markel revamps excess casualty lines leadership in south-east region 

Nan Fine has been promoted to managing director of casualty, with Hillary Warren appointed as manager for commercial wholesale excess casualty.  

WTW expands tie-up with KIT and NASA to improve hail risk assessment 

The collaboration aims to improve the understanding of hailstorm risks across Europe, focusing on their spatial and temporal distribution. 

Canada’s Westland Insurance snaps up Loewen Agencies  

Loewen Agencies offers coverage for properties, vehicles, businesses and farms.  

Acrisure Re bolsters ARCAS division with new hires  

All the hires will report to Ben Canagaretna, global managing director of ARCAS. 

Protective Life seals reinsurance deal with Resolution Life 

The move is set to mitigate market risk and free up capital for Protective, helping the company invest in growth opportunities. 

Insurtech company Outmarket AI raises $4.7m in seed funding 

The investment will help expand Outmarket’s team and enhance its partnerships with brokers and carriers. 

HSB to offer Flume water leak detection tech via partner network 

Flume’s Home Water Protection Service offers water flow monitoring by leveraging a single sensor connected to the water meter. 

AXA XL enters cybersecurity alliance with Darkweb IQ  

Darkweb’s Ransomware Detection & Response solution is designed to prevent attacks before data is stolen or encrypted. 

Liberty Mutual unveils single-brand strategy for personal lines 

This move will see the retirement of the Safeco Insurance brand, which has been part of the company since its acquisition in 2008.