The Official Committee of Unsecured Creditors pushes for liquidation and draws parallels to infamous Ponzi scheme run by Bernie Madoff, while Vesttoo's interim CEO defends reorganisation strategy, asserting...
The purchase will strengthen bolttech's operations in Europe, Asia, and Africa, including expansion of its footprint to four new countires: Poland, Croatia, Lithuania, and South Africa.
bolttech is said to be considering a U.S. IPO to raise between $250m to $300m and based on the firm's valuation of US$1.6bn after its last funding round.
Through its new innovation hub, Howden aims to fast-track insurance product development, with capacity to be provided by Lloyd's underwriters such as Tokio Marine Kiln, Chaucer, and Liberty Specialty...
Enterprise Exposure Manager can provide (re)insurers with a better, more comprehensive understanding of the interconnected risks that exist across their portfolios.
The solution will use TPIsoftware's InsureBrick framework to build a customised system aimed at enhancing the P&C insurer's efficiency, flexibility, and customer service.
The round brings total funding for the insurtech to nearly US$40m, as it aims to scale its SME-focused, subscription-based healthcare insurance offering.
