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…
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…
PIB buys Tractio to strengthen Spanish market presence
PIB Group has announced the acquisition of Tractio Risk Correduría de Seguros and Tractio Risk Solutions, jointly known as Tractio. Tractio is…
Brit Insurance forges partnership with GT Scholars
Brit Insurance has collaborated with UK-based social enterprise GT Scholars to roll out online digital challenges for young people. The…
Howden introduces digital cargo trading platform xTrade Cargo
Insurance broker Howden has introduced an end-to-end digital trading platform dedicated to cargo business called xTrade Cargo. The new platform…
BIBA, Coverdrone introduce insurance cover for drone operators
UK’s general insurance intermediary organisation British Insurance Brokers’ Association (BIBA) has joined forced with drone insurance firm Coverdrone to launch…
Australia’s AUB agrees to buy insurance broker Tysers for $620m
Australian insurance broker AUB Group has agreed to acquire London-based Lloyd’s wholesale insurer broker Tysers in a deal worth $620.5m…