Howden acquires Cybeta IP assets for US cyber business
UK-based insurance group Howden has purchased the intellectual property (IP) assets of Cybeta, a cyber data and analytics company, in…
UK-based insurance group Howden has purchased the intellectual property (IP) assets of Cybeta, a cyber data and analytics company, in…
Reserv, a tech-enabled third-party administrator (TPA), has raised $125m in a Series C funding round to enhance AI-powered insurance claims. The funding round was led by KKR, with existing backers…
Powszechny Zakład Ubezpieczeń (PZU) has signed a conditional agreement to buy all shares in MetLife Ukraine, a key player in Ukraine’s life insurance market. Financial specifics of the deal remain…
US insurance brokerage Trucordia has acquired Paradiso Financial and Insurance Services, a Connecticut-based brokerage that serves clients across the New England region. No financial terms were disclosed. Paradiso is headquartered…
New Energy Risk, a firm specialises in technology performance insurance, has received Lloyd’s coverholder approval for its tax credit insurance operations. The application was backed by OAK Global, which will…
Aon has reported first quarter net income attributable to shareholders of $1.2bn, up 26% from $965m in the prior-year period. Diluted earnings per share rose 27% to $5.63 from $4.43…
Zurich UK has appointed Mark McCausland as chief operating officer (COO) as the business continues its strategic initiatives. McCausland will lead work across multiple areas of the organisation, with an…