loading...

News

Weekly News RoundUP – 27th September

As part of the 10th Dive In Festival, there’s been a myriad of events this week to raise awareness, educate and open up conversation on how inclusive cultures are key to driving innovation. The 4th hurricane to make landfall in the US in 2024 is expected to bring significant storm surge to the Tampa Bay area. The implementation of AI is driving investment in the insurance space from PE and VC.

Dive In turns 10: Festival launches with over 130 events globally (Source: Global (Re)Insurance)
The world’s largest diversity and inclusion festival explores key topics including racial inclusion, mental health resilience, neurodiversity and social mobility.

OneAdvent-backed Verve Risk Services launches innovative new captive insurance product and bespoke broker portal (Source: OneAdvent)
Verve Risk Services has announced the launch of a new captive insurance product and its ‘Verve Aura’ broker portal, designed to meet evolving customer needs.

Hurricane Helene insured losses projected at $3B-6B (Source: Business Insurance)
Gallagher Re has emphasised that any “change in the storm track” could exceed the current loss predictions.

Insurance sector’s race to adopt AI spurs private equity investment (Source: S&P Global)
According to S&P Global, PE investment in insurance underwriters and brokers so far this year is currently at 52% more than the annual total recorded for 2023. This uplift in investment is apparently due to the “potential of digital transformation to propel growth in the insurance sector”.

Latest News

Ready to take the next step?

Request a call back.

Let’s get the conversation started today.

Sign an NDA.

Take the first step in the next stage of your MGA business.