AXA UK has named Willis Towers Watson (WTW) manager David Ovenden (pictured) as the new chief underwriting officer for its commercial business, succeeding long-time executive David Williams, who will be leaving at the end of the year.
BOXX, a cyber insurance provider for small businesses, individuals and families, announced today that it has closed its oversubscribed USD $10 million (CAD $12.7 million) Series A-round in a bid to accelerate growth and expand its footprint internationally. The new investors are Cyber Mentor Fund (CMF), Zurich Insurance Group (Zurich) and SixThirty Ventures.
Ltd (“Brit”) announces the creation and successful proof of concept launch of a proprietary machine learning algorithm designed to accelerate the identification of post catastrophe property damage, based on the use of ultra-high-resolution imagery.
Insurance companies have invested heavily in digital transformation of the claims process, adding a number of self-service features for first notice of loss, the adjustment process, and payment.
Just Insure, a pay-per-mile insurance technology company, has raised $8 million in a funding round.
Aviva, the UK’s leading insurer, today announces the appointment of Andrea Montague as Chief Risk Officer and John Cummings as Chief Information Officer.
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