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State Farm invests $1.2 billion in ADT
Editorial Team September 6, 2022 Funding

State Farm invests $1.2 billion in ADT

Home-security firm ADT Inc (ADT.N) has secured an investment of $1.2 billion from State Farm as part of a partnership that it hopes will encourage the insurer's many customers to buy its smoke detection and anti-intrusion products.
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Cyber MGA Coalition Launches in UK Insurance Market
Editorial Team September 6, 2022 Product Launch

Cyber MGA Coalition Launches in UK Insurance Market

Coalition, the San Francisco-based cyber management general agent, began trading in the UK on September 1 and has opened an office in London.
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Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re
Editorial Team September 2, 2022 Product Launch

Accelerant Launches $175M Sidecar Investment Vehicle Flywheel Re

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…
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Allianz Life and Munich Re Automation Solutions are set to unveil a cutting-edge Software as a Service (SaaS) underwriting solution (1)

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