Tag: specialty insurance

Bridge Specialty Group, a subsidiary of Brown & Brown, has acquired the assets of American Risk Management Resources Network (ARMR), furthering its strategy to expand niche capabilities in environmental insurance.

Fortegra, has secured $150m in capital through a Fixed Rate Resetting Junior Subordinated Notes issuance, carrying a 9.25% interest rate and maturing in 2064.

Fortegra Group, a global specialty insurer and part of Tiptre, has officially received clearance to extend its operations to Belgium and the European Union.

Akur8, the next-generation insurance pricing solution, has partnered with Tokio Marine HCC to elevate pricing strategies and drive innovation in the insurance sector.

Munich Re has strengthened its executive team with the appointment of Jeff Marks as the Chief Operating Officer (COO) for Munich Re Specialty Insurance (MRSI).

InsurX, a trailblazing digital exchange equipped with algorithmic capabilities, has officially entered the London Direct & Facultative (D&F) Property market.

hyperexponential and Akur8, two prominent names in the FinTech industry, have recently announced a strategic partnership.

Accelerant, a data-driven risk exchange, has expanded its presence into the Canadian market by acquiring Omega Insurance Holdings, Inc. from Till Capital Ltd.

Skyward Specialty Insurance Group, Inc., a leading player in the specialty P&C market, and eMaxx, a tech-enabled specialty provider of commercial P&C insurance captive solutions and programs, have come together to expand their captives partnership.

Specialty insurance classes pose some of the most intricate pricing challenges in the insurance industry. Their rapidly evolving dynamics, coupled with their long-term nature, demand prices capable of standing the test of time. Gathering sufficient data for these specialty lines often proves difficult due to the nascent stage of many of these books and the inherent complexities in data collection.