Tag: 2023 InsurTech

Markel Bermuda Limited (MBL) has been appointed to the statutory committee of unsecured creditors in the U.S. Chapter 11 bankruptcy of InsurTech Vesttoo.

Howden-owned Aston Lark has announced the acquisition of Curtis Marine, a Plymouth-based marine insurance broker.

Irys InsurTech Inc. has landed $3.5m in its seed funding round, and is now aiming to take on the legacy competitors across the InsurTech space.

Pen Underwriting has signed a capacity agreement that will allow it to write £100m worth of solicitors’ professional indemnity (PI) business over the next three years.

Wright National Flood Insurance Services has revealed a new residential private flood insurance option, as an extension of its ResiFlood Programme.

Neptune Flood has announced significant growth in insurance carrier and reinsurer relationships, which is set to provide over $100 million in additional premium capacity.

Life-insurers, like any other segment of the InsurTech sector, have to face the ever-growing impact of technological evolution in the field. 

InsurTech Praxent has revealed it has partnered with Insurance Systems Inc. to offer custom digital experiences for insurers. 

InsurTech Lula has raised $35.5m in a Series B funding round following a massive surge in customers. 

Bermuda-based Insurer and reinsurer SiriusPoint, has announced a new partnership with EatonGate.