Verisk’s Extreme Event Solutions group has estimated that insured losses from the September 2024 floods in Czechia, Poland, and Austria will range between EUR 2 billion (US$2.2 billion) and EUR 3 billion (US$3.4 billion).
Coalition, the world’s first Active Insurance provider focused on preventing digital risks, has appointed Tine Simonsen as its Head of Insurance for Continental Europe.
In a groundbreaking move for earthquake preparedness, Liberty Mutual Reinsurance (LM Re) and Safehub have teamed up with the University of California (UC) to introduce the first sensor-triggered parametric earthquake coverage in the United States.
Hippo has announced the expansion of its New Homes Program, increasing access to home insurance in California, Florida, and Texas.
Digital adoption solutions provider Whatfix has raised $125 million in its Series E funding round, pushing its total funding to $264.8 million.
Cytora, a leading digital risk processing platform, has announced a partnership with PriceHubble, an international property data solutions provider, to deliver advanced real estate intelligence to insurers.
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