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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| | Kalepa closed a $14 million Series A funding round from IA Ventures and Inspired Capital Partners. Kalepa looks to help commercial insurance underwriters via an AI-powered decision support platform called Copilot. By analyzing structured and unstructured data, Kalepa’s Copilot augments
underwriters with insights and recommendations on every risk.
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Randall & Quilter (R&Q) Investment Holdings, the specialist non-life insurance and reinsurance legacy investor and program manager, has announced the formation and launch of a legacy insurance focused collateralised reinsurance sidecar named Gibson Re, which is being capitalised to the tune of roughly $300 million by investors.
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| | Willis & Company Group Holdings has rebranded as the WF Risk Group (WFRG). WFRG includes brokers Willis Insurance & Risk Management (Willis IRM), Kennett Insurance Brokers & Risk Management, Kennett Brokers Ireland, Arden Insurance Brokers and Playle Russell Specialist Risks &
Thatchline.
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| | Alliant Insurance Services has snapped up Biggs Insurance Services, for an undisclosed sum. Biggs Insurance Services offers personal, commercial as well as employee benefits solutions.
LIFE INSURANCE INTERNATIONAL
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| | Specialist insurer Beazley has rolled out an affirmative cyber insurance policy aimed at strengthening defences aboard luxury yachts. The cover was designed by Beazley’s underwriting, claims, risk, and breach response specialists.
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