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Lloyd’s reserves $1.26bn for Ukraine insurance claims
Lloyd’s of London has set aside $1.26bn to cover claims related to the war in Ukraine, which it said is a similar size to a “small to medium-sized natural catastrophe.”
Newly created InsurTech Ki scores $500m investment
Newly established InsurTech startup Ki Insurance has landed a $500m investment from Tactical Opportunities, the opportunistic investment division of Blackstone.
Layr scores $5m in its seed round as it looks to...
Layr, which helps small businesses customise commercial insurance bundles, has bagged $5m for its seed round.
Lloyd’s of London searches for second accelerator cohort
Lloyd’s of London has begun the global search for the second cohort to its InsurTech accelerator programme.