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Bermudian-domiciled White Mountains Insurance Group has contributed a slice of a $315 million Series D round of funding raised by Pie Insurance, the insurtech company specialising in workers’ comp insurance for small businesses. White Mountains, a fi...

The Bermuda Business Development Agency is to send a delegation to the InsureTech Connect event in Las Vegas next week. BDA chairman Stephen Weinstein will speak on a panel entitled “Commercial Property Insurance: Catastrophic Events and Novel Risks”...

Counterpart, the AI-driven management liability insurtech, has launched crime coverage for small businesses backed by Bermudian-based Aspen Insurance. The policy can be purchased on a stand-alone basis or packaged with its existing directors & office...

The value of global investments into insurtech plummeted by nearly 80 per cent in 2021, a report by London-based data and analytics company GlobalData Technology has revealed. The organisation said the 79.6 per cent drop in investments last year has ...

Convex Group Limited, the Bermudian-based international specialty re/insurer, has acquired a strategic 7.7 per cent share in Quotech, the underwriter-led insurtech that creates practical systems for specialty insurers, brokers and MGAs. Quotech annou...

Counterpart, the management liability insurtech, is launching an excess insurance product for small businesses. The excess policy, backed by Aspen Insurance Holdings Limited, the Bermudian-based re/insurer, is another offering to support small busine...

AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Palomar Specialty Reinsurance Company Bermuda Ltd. It also affirmed those ratings for Palomar Specialty Insurance Compa...

SiriusPoint Ltd, the Bermudian-headquartered global specialty re/insurer, has announced a strategic partnership with Garentii, a tech-enabled managing general agent providing digital home rental insurance. As part of the partnership, SiriusPoint will...

SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, has announced its investment in Samos Insurance, a US and Canadian MGA platform, which offers a first-of-its-kind accidental death insurance product. The product covers planne...

Poised for growth, a managing general agent backed by the Japanese multinational conglomerate holding company SoftBank Group Corporation, is pioneering a new insurtech strategy. Envelop Risk has launched a Class 3A reinsurer Augmented Re in Bermuda a...

Counterpart, the Los Angeles-based management liability insurtech, has announced the launch of their partnership with Bermudian-headquartered Aspen Insurance to bring Aspen’s management liability products to small businesses across a broader array of...

SiriusPoint Ltd, the global specialty re/insurer headquartered in Bermuda, announced that it is involved in the autonomous vehicle technology through a strategic partnership with the insurtech managing general agent Avinew. Avinew, which was set up i...