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Erso Capital Launches SME Litigation Fund

3 April 2022 alastair walker 0

Litigation finance company Erso Capital has launched a new sub-funding facility to provide litigation finance to help smaller businesses pursue commercial disputes, particularly in the wake of the pandemic.While much of Erso’s litigation activity involves funding large scale business litigation and arbitrations, with […]

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InsureTech

Zesty.ai Secures $10m in Growth Capital

24 March 2022 alastair walker 0

U.S. fintech company Brex, the company reimagining finance for growing businesses, has provided $10 million in growth capital via venture debt to Zesty.ai, a leading provider of predictive data analytics in the climate risk space. The financing […]

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News

Nexus Underwriting Rebrands as Kentro Capital Ltd

23 February 2022 alastair walker 0

Leading independent specialty insurance intermediary, Nexus Underwriting Management Limited (“NUML”), announces today that it is to be re-named Kentro Capital Limited (“Kentro” or “Group”). Nexus Underwriting (“Nexus”), the largest independent specialty managing general agent (MGA) […]

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News

IFGL Welcomes Cinven as Key Investor

1 February 2022 alastair walker 0

The latest from IFGL, owners of Friends Provident and Ardan International; International Financial Group Limited (IFGL) – has today announced a deal in which international private equity firm Cinven will become its majority investor. The […]

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News

Five Sigma Secures Extra Series A Funding

19 January 2022 alastair walker 0

Five Sigma, a cloud-native Claims Management solution provider, today announced an extension of its Series A round from Aquiline Technology Growth (ATG), bringing the company’s total funding to date to over $20 million. The company’s […]

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News

Deals: Corvus Buys London Based Underwriter

4 January 2022 alastair walker 0

Corvus Insurance, has announced that it has acquired Tarian Underwriting Limited from Beat Capital Partners Ltd. Tarian is the leading cyber underwriting platform providing market-leading solutions to an ever-changing cyber risk environment and underwrites on […]

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Insurance Regulation

FCA Hits BlueCrest With £40m Fine

22 December 2021 alastair walker 0

The latest from the FCA; The Financial Conduct Authority has published a Decision Notice against BlueCrest Capital Management (UK) LLP (BCMUK) setting out its decision to impose a financial penalty of £40,806,700 on the firm. […]

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Insurance Brokers

Deals: Broker Insights Raises £6m in Series A Round

22 December 2021 alastair walker 0

Broker Insights has raised more than £6m in a Series A funding round led by Mercia Asset Management. Chroma Ventures, which first backed Broker Insights with seed funding in 2018, made a follow-on investment in this […]

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