Peter Sonner
Editor at Beinsure
Editor at forinsurer.com
USA Wire & Beinsure Media editor, specializing in #InsurTech, #FinTech, #HealthTech, #Digital, #Blockchain, #Cryptocurency. 10+ years of professional experience
Articles
-
3 weeks ago |
beinsure.com | Peter Sonner
Wefox, an insurtech and managing general agent, announced it will sell all shares in its Italian subsidiaries—Wefox MGA and Wefox Services Italy —to funds managed by J.C. Flowers & Co., a global private investment firm. The deal, which is expected to close in Q2 pending standard conditions, marks the end of Wefox’s broader restructuring effort. Financial terms were not disclosed. Wefox said the sale will improve its financial flexibility.
-
3 weeks ago |
beinsure.com | Peter Sonner
Willis, a WTW company, has introduced FinTech Plus, a global insurance solution developed specifically for FinTech startups managing operational growth, regulatory demands, and increased risk exposure. FinTech Plus offers a unified structure that addresses a wide range of financial exposures, now including comprehensive Cyber protection. The product simplifies coverage through a single proposal form and contract wording to reduce administrative barriers.
-
3 weeks ago |
beinsure.com | Peter Sonner
Institutional investor IHC announced the launch of a new artificial intelligence-based reinsurance platform, headquartered in the Abu Dhabi Global Market. Although the platform remains unnamed, IHC stated that equity commitments are expected to exceed $1 bn, with additional funding from hybrid and debt instruments. The platform will pursue a buy-and-build strategy, aiming to manage more than $10 bn in initial liabilities.
-
1 month ago |
beinsure.com | Peter Sonner
Lloyd’s has invested in BreachBits, a cyber risk technology company founded by former US military cyber warfare professionals. This represents Lloyd’s third investment in a company emerging from its Lloyd’s Lab accelerator, following BreachBits’ participation in the 13th cohort from September to December 2024. During the program, BreachBits tested two products built for the Lloyd’s market: the Cyber Questionnaire Validator and Cyber Pre-Claim Intervention.
-
1 month ago |
beinsure.com | Peter Sonner
Mitigrate, a climate-focused insurance technology company and alumnus of Lloyd’s Lab, has secured a strategic investment from Lloyd’s, with continued backing from existing investors. Mitigrate offers a SaaS platform that addresses property-level flood risk, targeting both commercial and residential insurance providers. The system helps insurers reduce claims, support environmental objectives, and offer added services to policyholders.
Try JournoFinder For Free
Search and contact over 1M+ journalist profiles, browse 100M+ articles, and unlock powerful PR tools.
Start Your 7-Day Free Trial →X (formerly Twitter)
- Followers
- 105
- Tweets
- 569
- DMs Open
- No
Insurance broker Gallagher developed a $1 bn industry solution to help airlines avoid grounding their fleets immediately after a hostile nuclear detonation https://t.co/qoFY3IHUHJ
The U.K. Financial Conduct Authority (FCA) plans to update insurance regulations to cut outdated or duplicative rules https://t.co/dizuyWZ3xo
The U.K. Competition and Markets Authority (CMA) has opened a merger inquiry into Aviva plc’s planned acquisition of Direct Line Insurance Group https://t.co/olXfREvIAY