Pie Insurance raises $127mn to found balance sheet carrier The Sirius-backed InsurTech will look to buy up shell entities to expand.
Carriers ignoring new data sources will be left behind: Vandendael The Everest Global Markets CEO said that AI was an “enabler” rather than a replacement for people.
Beazley and Schirmer working on tech-driven follow-only SIAB The syndicate would use a concept for automated placement developed by the former CTMA CEO.
Root recruits Greenlight Re’s Espinoza as reinsurance buyer Isaac Espinoza will also be tasked with exploring possibilities of Root writing reinsurance or retro business.
InsurTech wrap: Insurtech UK, Sprout.ai, RiskBook, Ageas A roundup of recent news on insurance technology initiatives and start-up ventures.