PCF Insurance buys Montalvo Insurance Agency in Texas
PCF Insurance Services, a US-based insurance brokerage, has expanded its portfolio with the acquisition of Montalvo Insurance Agency, a Texas-based…
26 Jul 2024
Cowbell gains $60m Series C funding with help from Zurich
Insurtech Cowbell, a provider of cyber insurance, has closed a $60m Series C equity funding round from Zurich Insurance. With the $60m funding from Zurich, Cowbell plans to scale operations…
26 Jul 2024
Gjensidige Forsikring to offload Baltic subsidiary to Ergo
Norwegian insurer Gjensidige Forsikring (Gjensidige) has agreed to divest its Baltic subsidiary, ADB Gjensidige, to ERGO International. The transaction awaits regulatory approvals. Under the agreement, Gjensidige will sell 100% of…
26 Jul 2024
BMS names new UK chief growth officer
Independent specialist insurance and reinsurance intermediary BMS Group has promoted Hannah Watkins to the position of UK chief growth officer. Watkins, who has been with the company for more than a…
26 Jul 2024
Ryan Specialty’s financial lines MGU unifies operations, expands offerings
Ryan Specialty’s financial lines managing general underwriter (MGU), Ryan Financial Lines (RFL), has completed its rebranding initiative and expanded its product offerings. This move aims to enhance its global reach…
26 Jul 2024
Twelve Capital, Securis agree on merger to create $7.8bn ILS manager
Twelve Capital and Securis Investment Partners, two independent asset managers in the ILS market, have announced plans to merge. While financial details of the transaction were not shared, Twelve Capital…
25 Jul 2024
Blink Parametric launches with Heymondo for travel solutions
Insurtech Blink Parametric has launched its flight disruption assistance solution with Heymondo. MAWDY, part of the MAPFRE Group, will underwrite the coverage for Blink and Heymondo. Furthermore, the launch with…