Quilt

Randall & Quilter Investment Holdings | September 05, 2018

Randall & Quilter Investment Holdings (R&Q) has announced the issuance of a loss portfolio transfer reinsurance covering commercial auto liability risks. The coverage was underwritten by Accredited Surety and Casualty Company, a wholly owned R&Q subsidiary, for the benefit of a US-domiciled risk retention group (RRG). The reinsurance provides $146 million of ground-up limit, which provides the RRG with a significant limit to cover their unpaid liabilities, estimated to be in excess o...

Insurance Technology

Foxquilt, Digital Partners, a Munich Re company | January 27, 2021

Foxquilt, a main insurance technology company zeroed in on engaging small businesses and B2B networks to save money on small business insurance, has partnered with Digital Partners, a Munich Re company, to empower the company to work as a full-administration insurance supplier and co-creator of new, end-to-end insurance items/programs for small businesses. "Small businesses deserve immediate access to tailor-made insurance solutions that complement their unique operations. Ho...

Insurance Business Magazine | January 16, 2020

Insurance start-up battleface, which provides travel insurance for unconventional travelers worldwide, has announced that it has successfully closed a seed funding round with backing from strategic and venture capital investors. Fintech Ventures Fund has invested in battleface, joining Greenlight Re and Tangiers Group. The investment will be used to expand software development, hire sales and business-development personnel, and expand battleface’s global reach, the company said. “We ...

Aon | January 15, 2020

Global insurance brokerage and professional services firm Aon has officially completed its acquisition of CoverWallet, a US-domiciled digital insurance platform for small and medium-sized enterprises (SMEs). Now finalized, the deal enables Aon to expand its position in the fast-growing commercial insurance market for SMEs. The brokerage giant will also be able to leverage CoverWallet’s technology and data & analytics capabilities to develop and scale innovative digital client experienc...