Insurtech funding plummets in Q1 2024
’With activity up but average deal size down, investors are becoming more democratic in their funding allocations,’ says global head of insurtech
Gallagher UK and Ireland posts 6% organic growth for Q1 2024
’The teams in specialty all have good momentum, with strong retention and an encouraging pipeline of new business especially in marine and energy,’ says UK chief executive
Marsh boss joins Gallagher as new UK and Ireland retail chief executive
’Gallagher has a unique reputation amongst the large brokers and I am delighted to take the helm,’ says new appointee
Gallagher Specialty to enhance use of parametric insurance
’Parametric solutions are incredibly versatile,’ says head of climate strategy
Insurtech funding plummets to lowest level since 2018
However, global head of insurtech says there are signs of ’a mature and healthy market’
Gallagher Bassett appoints new UK chief executive
’He is an exceptional leader with a proven track-record of driving growth and innovation,’ says president
London looking positive but ‘this is no time for complacency’
Rating agency AM Best has raised its outlook on the London market insurance sector from stable to positive in what has been seen as another endorsement for EC3 and while there is much to support optimism, the nature of the market means that challenges remain
In Focus: Are MGAs replacing traditional insurers and how are they differentiating themselves to grow market share?
Insurance Times asks industry experts how MGAs are standing out to supersede insurers and increase their market share
UK insurtech sector ‘remains in most optimal place’ – Gallagher Re
An ’overcorrection’ in the insurtech sector has laid the foundation for a 2024 ’uptick’, says global head of insurtech
TechTalk: Reinsurance rate hikes hit insurtechs – but opportunities await
As reinsurance rates climb and more of the same predicted for 2024, it is becoming trickier for insurtechs to survive in the hard market, but with every negative comes a positive
Ongoing macroeconomic challenges prompt insurtechs to demonstrate their value
Briefing: Brokers likely to face a choice as top 20 dominance increases
Tech Talk: Breaching the technology barrier to M&A by bringing insurtech firms in-house?
Johnty Mongan: Cyber insurance harder to secure after shift in market
Johnty Mongan: Cyber insurance harder to secure after shift in market
The cyber insurance market has transformed from ’a bit of a wild west to the smart cyber insurance race,’ says global head of cyber risk management
Simon Collings: Market in transition as underwriters become more aggressive
The insurance sector is seeing signs that point towards ‘a market in transition’, says managing director
Andrew Johnston: Insurtech sector on cusp of ‘better democratisation of capital’
Gallagher Re’s global head of insurtech tells Insurance Times the key takeaways from the reinsurance broker’s latest report, explaining why the US market presents an opportunity for UK insurtechs
Andrew Johnston: Insurtech sector still on upwards trajectory thanks to incoming capital
But, sector expert has concerns that ‘insurtech’ label could constrict future investment if used too broadly or to encompass widely varied business models
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