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International Union of Marine Insurance | September 24, 2018
While global hull premium income declined by 2.3%, the sector’s general risk profile and trading conditions are showing signs of improvement, according to the International Union of Marine Insurance (IUMI). During the organization’s annual conference in Cape Town, South Africa last week, Mark Edmondson chair of the Ocean Hull Committee, said that amid volatility and uncertainty in many sectors remaining a pressing concern, the international market is faring better this year....
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...
Ladder | January 14, 2020
Today, Ladder Insurance Services, LLC, (Ladder) announced that the LadderLifeTM term life insurance product issued by Allianz Life Insurance Company of New York (Allianz Life® of NY) will be offered to New York residents, marking the completion of its nationwide rollout. New York residents will now be able to enjoy the same quick insurance application process, real time underwriting, and flexible coverage that Ladder has been offering to California since 2017, and to the rest of the country ...
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