MassMutual launches fund to support diverse entrepreneurs
MassMutual launched its second MM Catalyst Fund of $100 million, building on the success of the first $50…
Zurich North America extends its consumer warranty offering
Zurich North America <i class="fa fa-info-circle company-popover" data-content=" Zurich North America Founded: 1912 Headquarters: Schaumburg, IL, US See…
CLARA Analytics launches AI platform for general liability claims
CLARA Analytics, a provider for artificial intelligence (AI) technology for casualty insurance claims optimization, has launched its AI…
Marsh launches multi-line facility Fast Track, led by QBE
Insurance broker and risk advisor Marsh has launched Fast Track, a new insurance facility led by QBE that is set to provide a “substantial amount” of additional “follow form” capacity to its clients globally across major lines of business.
Howden launches Marine & Energy business in Norway
International insurance broker Howden has announced the launch of its Marine & Energy business in Norway, which is set to be led by WTW’s Frode Lund, who will assume the position from August 1, 2023.
MassMutual announces additional $100 million fund
Massachusetts Mutual Life Insurance Company (MassMutual) today announced that it launched a second MM Catalyst Fund (MMCF) of $100 million to continue investing in Black-led startups as well as overlooked businesses across Massachusetts, building on the first $50 million fund the company launched just over two years ago.
Corvus and Core Specialty team up on Cyber and Tech E&O product
Cyber underwriter Corvus has announced the launch of a new program with Core Specialty to support the expansion of the Excess Tech E&O and Cyber product with additional capacity.
Verisk releases new rating engine for commercial lines offerings
Global data analytics and technology provider, Verisk has unveiled a new rating engine that it says allows for insurers to transform the complex process of developing new commercial lines products.
Parsyl launches perishable insurance consortium at Lloyd’s
Parsyl has announced the launch of its new Essential Consortium at Lloyd’s of London, in a multi-year arrangement that will initially bring $20m in new capacity to the perishable cargo market.
Helvetia is testing a ChatGPT service
Swiss insurer Helvetia is claiming to be the world’s first-ever listed insurer to launch a direct customer contact service based on OpenAI’s ChatGPT technology.