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The minister highlighted London’s critical mass of expertise and tech innovation.
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Funding has reached $3.2bn over the first three quarters, 7% less than in 2023.
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PPL plans for iterative releases and a production environment by end of Q1 2025.
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The streamlined group consists of four brokers and four underwriters.
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Mark Hartigan will move to chair following a spell as interim CEO.
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The investment will be used to expand its product portfolio and continue global expansion.
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Coalition Re to offer active cyber reinsurance via two products supported by Aspen-led capacity.
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The deal covered US and European P&C liabilities for Accelerant's 2020-2021 underwriting years.
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Annual InsurTech funding volume for H1 was $2.2bn, just below $2.3bn for H1 2023.
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A roundup of all the news you need today, including Lloyd’s chairman candidates.
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InsurX has grown its capacity beyond £100mn after adding D&F to its existing contingency business.
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The company’s investors have also provided EUR 25mn in fresh capital.
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