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Updated: 1 hour 58 min ago

Insurtech Gradient AI secures $6m Series A funding from MassMutual, Forte and Sandbox

7 October, 2019 - 11:46
Gradient AI, an artificial intelligence solutions provider in the insurance technology space, has raised $6 million in a Series A financing led by Forte Ventures and Sandbox Insurtech Ventures. The round also includes participation from Gradient’s existing investor MassMutual Ventures.

No-deal Brexit likely to impact insurers’ ratings less than other sectors: S&P

7 October, 2019 - 10:53
UK insurers will not be as badly affected as some other sectors in terms of ratings downgrades in the event of a no-deal Brexit.

Insurers lagging in digital transformation strategies: Capgemini

7 October, 2019 - 10:41
Only 37% of insurers have a holistic digital transformation strategy in place, despite the vast majority saying that capabilities in this area are important.

Liberty Mutual reveals changes in Continental Europe after key acquisitions

7 October, 2019 - 10:37
Liberty Mutual Insurance Group has restructured its financial risks reinsurance unit in Continental Europe following the acquisition of AmTrust's Nationale Borg Reinsurance (NB Re), in a move aimed at expanding its global footprint.

Lockton taps Marsh's Tom Orrico to lead financial institutions practice

7 October, 2019 - 10:27
Broker Lockton has hired Marsh's Tom Orrico to lead its financial institutions practice as senior vice president and managing director.

Globe Underwriting names new head of marine and transport following departure

7 October, 2019 - 10:09
UK managing general agent Globe Underwriting has appointed David Dymond as the new head of marine and transport following the retirement of Peter Rogers.

Guy Carpenter head of international facultative departs; interim successor revealed

7 October, 2019 - 10:06
Broker Guy Carpenter, a wholly owned subsidiary of Marsh & McLennan Companies (MMC), has appointed Frank Guerriero as interim head of international facultative operations.

HDI Global Specialty bolsters London team with senior Swiss Re, AmTrust hires

7 October, 2019 - 09:43
HDI Global Specialty SE, a joint venture of Hannover Re and HDI Global SE, has strengthened its London contingency team with two new senior underwriting hires.

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