Pelican Ventures backs new Lloyd’s cyber start-up Trium 1322

Lloyd's has granted in-principle approval for a new Asta-managed, cyber-focused syndicate – Trium – with the Pelican Ventures-backed vehicle set to commence underwriting in January 2023, The Insurer can reveal.

EvolutionIQ Raises $21M Series A To Deliver AI Based Claims Guidance

EvolutionIQ, the most rapidly adopted Claims Guidance platform amongst insurance carriers, today announced that it raised $21M in Series A funding. "We've proven that deep learning, an advanced branch of machine learning, is the future of claim handling, and now we'll be able to deliver even more to our carriers," says Tomas Vykruta, CEO of EvolutionIQ...

Ariel Re Becomes Signatory of Standards Board for Alternative Investments

Specialty reinsurance firm Ariel Re has cited allocating capital to the Lloyd’s marketplace, through an entity such as itself, as a “compelling alternative to ILS investment manager fund structures” as it announced becoming a Signatory of the Standards Board for Alternative Investments (SBAI).

GetCovered.io Raises $7 Million in Series A Funding

NEW YORK--GetCovered.io, the insurance software company that makes it simple to buy and track property and casualty insurance online, today announced the completion of its $7 million Series A financing...

Blackpoint Cyber taps new head of insurance

Cybersecurity company Blackpoint Cyber has announced the appointment of J. Chris Wilkerson as vice president of Blackpoint RISK and head of insurance. The appointment marks a key expansion of Blackpoint’s cyber insurance leadership team.

Tango launches professional lines division

Tango Specialty has launched a new professional lines division dedicated to the growing demands of wholesale brokers for E&S underwriting solutions across a wide range of specialty SME sectors. The divi...