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Cyber black hole in US property insurance market could trigger over...
A study by CyberCube, AM Best and Aon has found a hidden cyber risk in the US property insurance market could trigger over $12.5bn in losses for the industry.
Cyber insurer Coalition enhances unicorn status with $205m Series E
Cyber insurance and security firm Coalition has raised $205m from a Series E funding round, lifting its valuation to $3.5bn.
BOXX secures $10m to grow international presence
Cyber insurance platform BOXX has collected $10m in its Series A funding round, as it looks to expand its international footprint.
FCA concerned insurers unprepared for governance regulation
The UK’s Financial Conduct Authority worries many insurance firms are not prepared for upcoming product governance regulation changes.
CBIRC demands insurance company self-checks in management crackdown
The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.
FRISS collects $65m in its Series B funding round
FRISS, an AI-powered end-to-end fraud prevention and detection solutions for P&C insurers, has collected $65m in its Series B round.
Certificial closes $5.8m in its Series A round
Certificial, which offers real-time certificate of insurance (COI) issuance and compliance management, has closed its Series A round on $5.8m.
InsurTech Waffle seeks expansion following $5m seed round
New York-based InsurTech Waffle has closed a $5m seed funding round led by Verve Ventures.
How can banks and insurance companies prepare for the new normal...
Covid-19 changed the world, but now firms must focus on the next set of challenges, such as how to reimagine customer onboarding in a more remote and mobile world.
Ed Broking is the latest member of the KYND Broker Programme
Cyber risk management solution developer KYND has named Ed Broking, a global (re)insurance broker, as the latest member of its growing KYND Broker Programme.
