Tag: Insurance

Huge majority of insurance executives see climate as key investment risk

A BlackRock study has found that 95% of (re)insurance executives are concerned climate risk will have a significant impact on portfolio construction over the next two years.

Root makes ground in South Africa with seed close

South Africa-based Root, as it looks to enter new markets, has collected $3m in its seed round funding.

Arbol unveils new underwriter subsidiary focused on parametric risk

New York-based InsurTech Arbol has launched Arbol Underwriters (AUL), which will be a company focused on offering reinsurance capacity for parametric insurance risks.

Mitsubishi drivers to get better insurance through LexisNexis deal

LexisNexis Risk Solutions has extended its agreement with Mitsubishi Motors North America, which will help drivers access better insurance premiums.

Willis Towers Watson, Indeez team to distribute insurance products in APAC

Willis Towers Watson has partnered with InsurTech firm Indeez to distribute its insurance products for independent workers using digital platforms in Asia Pacific.

Renewables-focused Energetic Insurance snares $7m Series A

Energetic Insurance has pulled in $7m from a Series A funding round headed by Schneider Electric Ventures.

Amazon partners with Marsh to extend product liability coverage for SMEs

Retail giant Amazon has teamed with global insurance broker Marsh to help small business sellers get affordable coverage on product liability.

InsurTech AkinovA teams with Benchmark to bolster risk transfer understanding

AkinovA has partnered with forecaster Benchmark Labs to strengthen risk transfer decisions using forecaster technology to understand how micro-climates impact pricing mechanisms.

Pay-as-you-go insurer Collective Benefits secures second investment this year

Collective Benefits, a pay-as-you-go insurance service, has collected $10m in its Series B funding round.

Owl.co nets $30m Series B to expand insurance platform

Insurance claims monitoring platform Owl.co has raised $30m in a Series B funding round led by Cota Capital.

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