The significant outage linked to IT giant Microsoft has caused widespread disruption, affecting banks, airlines, train companies, and media organisations – with dramatic implications for the global insurance industry as businesses worldwide report significant disruptions.
The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that industry insured losses to onshore property from wind in the U.S. due to Hurricane Beryl will range between USD 2 billion and USD 3 billion.
Safe-Guard Products has announced a new investment from Hellman & Friedman, a private equity firm. Founded in 1992 and based in Georgia, Safe-Guard Products is a provider of third-party private label finance and insurance protection products for the automotive, RV, marine, and powersports industries.
AEGIS London, the London-based Lloyd’s syndicate, has established a new data science and analytics team to enhance its underwriting capabilities and data-driven initiatives.
Juno – the first company in the US to provide child disability insurance closes US$8.5 million Series A funding to expand reach of new core employee benefit
This year’s Giveback marks more than $10 million donated to 86 organisations since inception, impacting millions of people globally.
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