The EY organization has announced an alliance between INSTANDA, one of the leading AI-augmented no-code insurance platforms, and Ernst & Young LLP (EY UK) to help insurers execute transformation at scale, unlock the potential of AI, and support their people to provide greater value across the business.
Novacore has agreed to acquire Diesel Insurance Solutions, a California-based managing general underwriter specialising in cross-border trucking, physical damage, and cargo insurance. Financial terms were not disclosed.
Generali and the World Bank Group (WBG) have signed a Memorandum of Understanding during the Annual Meetings of the WBG and the International Monetary Fund in Bangkok, built on a shared commitment to mobilise private capital, strengthen resilience, and expand targeted insurance and investment solutions across emerging markets. The collaboration aims to advance emerging markets […]
Howden has appointed Elliot Richardson to the newly created role of group chief commercial officer, putting him in charge of a new commercial strategy designed to make fuller use of the broking, reinsurance, underwriting, and employee benefits businesses the group has built.
FWD has announced plans to acquire a 25% stake in Bolttech Insurance (Hong Kong) for a base consideration of $20.72m (HK$161.62m), subject to closing adjustment. Bolttech Insurance (Hong Kong) is currently a wholly owned subsidiary of Bolttech Discovery Holdings, which is ultimately owned by bolttech Holdings. Its principal business is the underwriting of general insurance […]
SageSure, a managing general underwriter, has made an investment in insurance-linked securities fund manager Pillar Capital Management, which has over $4bn of institutional assets under management. SageSure’s existing debt facility with long-standing capital partner Ares Management was expanded to support the investment. The investment adds Pillar’s reinsurance risk underwriting capabilities and institutional investor relationships to […]
