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Insurance Technology
ProSight Global, Inc. | August 23, 2021
ProSight Global, Inc., a domestic specialty insurance holding company, today announced their agreement with Cenata Limited ("Cenata"), a leading insurtech software provider, to use Cenata's uniquely capable outwards reinsurance solution, Cenata SURE. Cenata SURE is a full cycle outwards reinsurance management solution, able to take and process real time premium and claims data from multiple inwards systems to provide real-time analysis irrespective of the complexity ...
Sedgwick | January 16, 2020
Sedgwick has acquired G&E Enterprises, the developer of a software-as-a-service offering called T&M Pro. T&M Pro is a billing and data management system designed for insurance restoration contracting. It does this by measuring the exact usage of all components of a job – time, material, and rate – to provide an accurate cost of a claim. It also provides daily real-time representation of what is happening on the job site. The software also streamlines payments to insurance...
Balance RE | September 01, 2021
Balance Re, the life reinsurance start-up specialised in quantitative asset-liability management, today announced it has raised $10m in Series A funding from leading financial services investor Anthemis Group, with participation from Global Brain and the company's existing investors, Roland Berger Industries GmbH and Talabot Finance. Balance Re offers comprehensive reinsurance solutions to life insurance companies and pension funds to support capital management related to thei...
Marsh & McLennan Agency | January 31, 2020
Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has today announced its purchase of Momentous Insurance Brokerage, a Los Angeles-based independent insurance agency with particular expertise in the entertainment industry. Momentous provides full-service risk management, insurance and employee benefits solutions. It’s target sectors are high net worth private clients – a known focus within MMA – and the entertainment sector. The brokerage was ...
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