Search Results for: Reinsurance

Insurtech Accelerant Welcomes Goldman Sachs Veteran Jay Green as Global Chief Financial Officer
InsurTech News

Insurtech Accelerant Welcomes Goldman Sachs Veteran Jay Green as Global Chief Financial Officer

Fintech News Desk
Accelerant, the insurtech empowering underwriters with superior portfolio management, data analytics, and long-term capacity commitments, announced that Jay Green will join as Global Chief Financial Officer starting on November 1, 2022. Green will lead the company’s worldwide financial planning and analysis as well as investor relations and capital markets. Latest......
Guy Carpenter Enters Exclusive Agreement with TNEDICCA to Enhance US Auto Risk Analysis
News Risk Management

Guy Carpenter Enters Exclusive Agreement with TNEDICCA to Enhance US Auto Risk Analysis

Fintech News Desk
Guy Carpenter, a leading global risk and reinsurance specialist and a business of Marsh McLennan, announced that it has entered an agreement with TNEDICCA, a leader in location-based traffic-crash intelligence and predictive analytics. This exclusive agreement enables Guy Carpenter to deliver enhanced auto analytics to its insurance carrier clients. Latest......
Insurance Platform Accelerant Launches $175Million Sidecar Investment Vehicle Flywheel Re
InsurTech News

Insurance Platform Accelerant Launches $175Million Sidecar Investment Vehicle Flywheel Re

Fintech News Desk
Accelerant, the insurtech platform empowering underwriters with superior risk exchange, advanced data analytics, and long-term capacity commitments, today announced a new $175 million sidecar vehicle, Flywheel Re. Flywheel will provide multi-year risk capital to Accelerant and its cadre of underwriting-led specialist Members. Latest Fintech News: AM Best Affirms Credit Ratings of......
Ledgebrook Chooses Socotra to Transform the Wholesale Broker Experience
InsurTech News

Ledgebrook Chooses Socotra to Transform the Wholesale Broker Experience

Fintech News Desk
The latest in Socotra’s growing roster of innovative customers, Ledgebrook has ambitious plans to modernize E&S lines of insurance Socotra, the modern core platform provider for innovative insurers, today announced that Ledgebrook, an insurtech MGA focused on the excess and surplus (E&S) market, has chosen Socotra policy core platform to......
Vesttoo and Clear Blue Announce a $1 Billion Partnership
InsurTech News

Vesttoo and Clear Blue Announce a $1 Billion Partnership

Fintech News Desk
Vesttoo has entered a partnership with Clear Blue Insurance Group to deploy $1 billion in reinsurance capacity to Clear Blue’s P&C lines over the next year. The capacity will be sourced from the capital markets through a variety of insurance-linked assets. Latest Fintech News: PalmPay Launches Wallet Safe Workshop to Improve Payment Security......
KKR Announces Sale of Chicago Industrial Warehouse Portfolio
Investments News

KKR Announces Sale of Chicago Industrial Warehouse Portfolio

Fintech News Desk
KKR, a leading global investment firm, announced that KKR has sold a portfolio of distribution properties located in Chicago to a global investment manager. The portfolio consists of 13 assets with approximately 1.7 million square feet (SF) of warehouse space and average clear heights of 24 feet. The properties are......
AM Best Assigns Credit Ratings to Subsidiaries of Everspan Group
Finance News

AM Best Assigns Credit Ratings to Subsidiaries of Everspan Group

Fintech News Desk
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Providence Washington Insurance Company (Providence, RI), Greenwood Insurance Company (Harrisburg, PA), Consolidated National Insurance Company (Littleton, CO) and 21st Century Auto Insurance Company of New Jersey (Ewing, NJ). All four......
JC Flowers Closes Fifth Private Equity Fund with More Than $1.1 Billion in Commitments
Finance News

JC Flowers Closes Fifth Private Equity Fund with More Than $1.1 Billion in Commitments

Fintech News Desk
JC Flowers & Co. LLC a leading private investment firm dedicated to investing globally in the financial services industry, announced today it has completed fundraising for its fifth private equity fund, J.C. Flowers V L.P. (together with parallel vehicles, “JCF V”), with more than $1.1 billion in commitments. Latest Fintech News: Breaking......
Neir Jhawar, Alireza Vaseghi join Global Atlantic’s institutional business
Finance News

Neir Jhawar, Alireza Vaseghi join Global Atlantic’s institutional business

Fintech News Desk
Global Atlantic Financial Group, a leading financial services company, has announced two new executive hires in support of the growth of its institutional business and its international expansion into Asia. Neir Jhawar has joined Global Atlantic as the Chief Operating Officer for the Institutional Markets business, and Alireza Vaseghi has......
Insurance Supermarket International Inc. Closes US$100 Million Equity Investment From Gallatin Point Capital to Accelerate Global Growth
InsurTech News

Insurance Supermarket International Inc. Closes US$100 Million Equity Investment From Gallatin Point Capital to Accelerate Global Growth

Fintech News Desk
Represents the largest ever growth equity investment of a Canadian-founded Insurtech Insurance Supermarket International Inc, one of the largest and fastest growing digital life insurance companies in Canada operating under Insurance Supermarket and Specialty Life Insurance brands, today announced it has closed a US$100 million minority investment from funds managed by Gallatin Point Capital LLC (“GPC” or “Gallatin......
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