Urban Jungle raises £16.5m to scale UK home insurance business
British insurtech Urban Jungle has secured £16.5m in a Series A investment round led by Intact Ventures. Ingka Group also…
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WTW launches cyber coverage for ports and terminals
Willis Towers Watson (WTW), a British-American insurance brokerage and advisory company, has rolled out specialist cyber coverage for ports and…
Generali increases stake in Cattolica to 91.5%
Italian insurance major Generali has increased its stake in rival Società Cattolica di Assicurazione (Cattolica) via a reverse accelerated book-building (RABB) procedure.…
MS Amlin, Altelium form alliance to offer battery energy storage insurance
Lloyd’s (re)insurer MS Amlin Underwriting has formed a partnership with Altelium to launch insurance cover for clients operating in battery energy storage…
Aegon to sell 50% stake in Spanish insurance JV with Liberbank
Dutch insurance firm Aegon has announced plans to sell its stake in Spanish insurance joint venture with Liberbank. Spanish lender Unicaja Banco…
EY Ireland, FINEOS partner to digitally transform insurance carriers
Ernst & Young Business Consultants (EY Ireland) and FINEOS have formed an alliance to support digital transformation of insurance carriers. The tie-up…
Zurich Insurance to exit Russian market by selling local arm
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Zurich Insurance…
SCOR announces restriction on oil coverage to fight climate change
French reinsurance major SCOR has announced restrictions on underwriting oil in a bid to accelerate its transition towards a low carbon economy.…