Urban Jungle Gets a £2.5m Funding Boost to Expand Contents Offer
A company which provides insurance to ‘Generation Rent’ and Millennials has gained further backing from investors to shake up the sector. Urban Jungle, founded by Jimmy [...]
capital
US News: FVS Selects Top Six Start-Ups, Including Agentero Insurtech
The Financial Venture Studio (FVS) today announced the six companies that comprise its next cohort of the nation’s premier program dedicated to seed-stage fintech [...]
Willis Re Study Reveals Reinsurance Capital up 15% Year-on-Year
Total capital dedicated to the global reinsurance industry measured US$605 billion at year-end 2019, reflecting robust 15% year-on-year growth. This was primarily driven by [...]
Sprout.ai Raises $2.5M in Second Seed Funding Round
InsurTech Sprout.ai (previously BlockClaim), offers Contextual AI, a revolutionary system that enables insurance claims to be settled within just 24 hours. The company has [...]
Prudential Sale of Korean Assets – Moody’s Offers Insights
On April 10, 2020, Prudential Financial, Inc. (PRU; A3 stable) announced it had signed a definitive agreement for sale of The Prudential Life Insurance Company of Korea [...]
FCA Statement on Relaxing of Capital Funding Rules During Corona
The events surrounding the coronavirus (Covid-19) pandemic are unprecedented. The impact on people’s health and the health of companies in the real economy is significant [...]
London Corona News: Noir Taxis Prioritise Key Worker Ride Services
After announcing they were waging war on Coronavirus, Licensed London Taxi Drivers have now escalated their campaign to help key workers get to/from their place of work. The [...]
Legal & General Invests In Australia Based Lifetime Mortgage Company
Legal & General has today announced it has acquired a 20 per cent stake in the Australian lifetime mortgage business Household Capital through its Retail Retirement [...]