Global insurance trends

SageSure & Partners Close Cat Bond Worth $100m

The latest from the USA; SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and its carrier partners Auros Reciprocal Insurance Exchange (“Auros”) and Elevate Reciprocal Exchange (“Elevate”) announced the close of […]

Global insurance trends

Descartes Underwriting Launches Parametric Flood Solution in USA

The latest new product from Descartes; Descartes Underwriting, world leader in corporate parametric insurance solutions for climate and emerging risks, today announces the launch of a new innovative parametric flood insurance for US commercial customers. […]

Global insurance trends

Parametrix Launches New Embedded Insurance Program

The latest product news from Parametrix; Parametrix, the leading provider of digital business interruption risk solutions, has launched a new embedded insurance program to protect against sustained systems outages triggered by security-service malfunctions. The insurance […]

Global insurance trends

Deals: Nearmap Buys itel Property Claims

The latest acquisitions news for you; Nearmap, a leading property intelligence provider, today announced it is acquiring itel, an independent provider of critical property claims solutions including building material pricing and repair-versus-replace analysis. property claims […]

Global insurance trends

Chubb Announces New Excess Casualty Facility

The latest news from Chubb for you; Chubb, Zurich North America and National Indemnity have announced a new excess casualty facility that can offer up to $100 million in lead excess casualty insurance capacity on […]

Global insurance trends

Gradient AI Enhances Workers’ Comp Risk Score Solution

The latest product news from Gradient AI;  Gradient AI, a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, has announced the release of its enhanced Workers’ Compensation Underwriting Risk Score […]

Global insurance trends

Third Resilience Credit Issued By FM

Commercial property insurer FM has announced its third resilience credit, bringing the total allocation to more than US$1 billion since the program’s inception in 2022. Here are the details for you; The recent catastrophic hurricane events […]