Search Results for: Reinsurance

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
by Fintech News Desk0
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......
Harris Williams Advises Prima Solutions on the Sale of Prima XL to Duck Creek Technologies
Banking Investment Services News

Harris Williams Advises Prima Solutions on the Sale of Prima XL to Duck Creek Technologies

Fintech News Desk
by Fintech News Desk0
Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Prima Solutions on the sale of Prima XL, France-based Prima Solutions’ flagship commercial reinsurance technology solution, to Duck Creek Technologies (NASDAQ: DCT; Duck Creek), the intelligent solutions provider defining the future of property and casualty (P&C)......
InsurTech Fund Opens Applications for Digital MGA Lab
InsurTech News

InsurTech Fund Opens Applications for Digital MGA Lab

Fintech News Desk
by Fintech News Desk0
InsurTech Fund, a venture capital fund associated with InsurTech NY, announced that it will be accepting applications for its first Digital MGA Lab. Applications will be accepted from July 7th through July 27th. The application is available through the InsurTech Fund website. The program is designed for digital brokers, analytics startups,......
Vesttoo Hires Dan Dijak as its Vice President of Insurance Markets in the US
InsurTech News

Vesttoo Hires Dan Dijak as its Vice President of Insurance Markets in the US

Fintech News Desk
by Fintech News Desk0
Mr. Dijak, formerly Senior VP at AM RE, will be in charge of Vesttoo’s business development and retention in North America and strengthening the company’s collaboration with brokers across the continent Vesttoo, a leading digital insurance risk transfer and investment platform, announced today the hiring of insurance business executive Dan Dijak as its new VP......
Latham & Watkins Further Grows Insurance Transactional Practice in New York
InsurTech News

Latham & Watkins Further Grows Insurance Transactional Practice in New York

Fintech News Desk
by Fintech News Desk0
Kirsten Gaeta advises insurance companies and financial sponsors on a wide range of corporate transactions, including domestic and cross-border M&A. Latham & Watkins LLP is pleased to announce that Kirsten Gaeta has joined the firm’s New York office as a partner in the Mergers & Acquisitions Practice and member of the Corporate Department. Gaeta advises insurance......
AM Best Affirms Credit Ratings of Suez Canal Insurance
InsurTech News

AM Best Affirms Credit Ratings of Suez Canal Insurance

Fintech News Desk
by Fintech News Desk0
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Suez Canal Insurance (SCI) (Egypt). The outlook of these Credit Ratings (ratings) is stable. Latest Fintech News: Burke & Herbert Bank & Trust Company Announces Intent to Form Holding Company The......
SortSpoke secures $4.5Million to bring its universal AI Document Processing Platform to Enterprise
Fintech Funding News

SortSpoke secures $4.5Million to bring its universal AI Document Processing Platform to Enterprise

Fintech News Desk
by Fintech News Desk0
SortSpoke, the most advanced and easy to deploy AI solution used by enterprises to extract any data from any unstructured document, has announced $4.5M in funding led by IDEA Fund Partners, SixThirty Ventures, and a Fortune 500 insurance carrier. SortSpoke will use the funds to accelerate sales and marketing in the insurance and......
Insurtech Accelerant Announces Doors Open in Brussels
InsurTech News

Insurtech Accelerant Announces Doors Open in Brussels

Fintech News Desk
by Fintech News Desk0
Accelerant, the insurtech platform that empowers underwriters with superior risk exchange and data analytics, coupled with long-term capacity commitments, today announced a significant European expansion with the opening of its new EU headquarters in Brussels. Latest Fintech News: Matrixport Appoints Anthony DeMartino as CEO to Lead and Build its Business in......
Bermuda Launches First Digital Asset Industry Association of Fully Licensed and Regulated Companies at Consensus 2022
Digital Payments News

Bermuda Launches First Digital Asset Industry Association of Fully Licensed and Regulated Companies at Consensus 2022

Fintech News Desk
by Fintech News Desk0
“NEXT” reflects Bermuda’s momentum in attracting institutional-grade digital asset companies seeking a credible regulatory jurisdiction to operate globally Bermuda Premier, the Honorable David Burt, JP, MP, announced during his keynote address yesterday at Consensus, that 14 leading digital asset companies licensed by the Bermuda Monetary Authority (BMA) have created the......
Franklin Mutual Insurance Group Selects Guidewire Cloud to Enhance Customer Experience for Business Growth
InsurTech News

Franklin Mutual Insurance Group Selects Guidewire Cloud to Enhance Customer Experience for Business Growth

Fintech News Desk
by Fintech News Desk0
New Jersey Property and Casualty (P&C) insurer to leverage Guidewire Cloud to increase business agility and deliver more value to agents, employees, and policyholders Franklin Mutual Insurance Group, a P&C insurance provider for New Jersey residents and business owners, and Guidewire announced that Franklin Mutual Insurance has selected Guidewire Cloud to......
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