Welcome to The Digital Insurer Newswire, a daily updated selection of curated InsurTech and digital insurance news from around the web.
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Today’s top selected digital insurance content
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| | Texas-based insurance program market services firm Incline P&C Group entered a new issuing carrier relationship with Hippo Insurance Services to provide homeowners insurance coverage. The agreement with Incline will enable Hippo to enhance its underwriting capabilities, bringing its innovative and
proactive approach to home insurance to more homeowners.
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MGA specialist NuVenture has launched personal lines insurance MGA Hoxton Insurance Services that will focus on the high net worth segment; providing insurance for homes, property, artwork, valuables, cars, travel, and capital goods. Coverage is underwritten by Hiscox.
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| | Moody’s, an integrated risk assessment firm, has acquired RMS, a risk management solutions provider, for $2B. Moody’s acquisition of RMS helps it target P&C insurers and reinsurers.
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| | Lemonade, Inc., perhaps the highest profile insurtech company so far, has been the subject of a lot of discussion over its quota share reinsurance arrangements in recent quarters. The company said that it has purchased a new reinsurance program to protect it specifically against natural catastrophe risk
in the U.S.
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| | China’s banking and insurance regulatory authority has reportedly ramped up its scrutiny of online insurance companies amid an ongoing crackdown on the tech industry. The regulator has ordered the firms to ramp up user privacy protection and address such issues.
LIFE INSURANCE INTERNATIONAL
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