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Slice Labs Raises $20M for Its On-Demand Platform for Insurers
Cloud services provider Slice Labs has raised an additional $20 million that it will use to expand its cloud services for on-demand insurance products globally. The Series A funding round was led by The Co-operators with participation from XL Innovate, …

POSTED SEPTEMBER 26, 2018 1:00 PM
SME Law Firms in England & Wales May See Rise in Professional Indemnity Rates: Marsh
Some professional indemnity (PI) insurers are applying greater rigor, are being increasingly selective, or are repricing risks, for small and mid-sized law firms in England and Wales, warned Marsh in a market update. As Oct. 1 approaches – the most …

POSTED SEPTEMBER 26, 2018 11:51 AM
KPMG Loses More Staff & Clients in Continuing Fallout From S. Africa Gupta Scandal
KPMG LLP is continuing to lose staff and clients in South Africa more than a year after issuing a public apology for some of the work it did in the country, according to people familiar with the matter. A team …

POSTED SEPTEMBER 26, 2018 11:15 AM
Berlin-Based Insurtech Firm Coya Launches with Home Content Insurance – as a Start
Insurtech startup Coya has launched home content insurance cover, designed to be “affordable, transparent and easily accessible.” But Berlin-based Coya said home insurance is just the start and many other forms of insurance are planned. Coya’s flexible contracts can be …

POSTED SEPTEMBER 26, 2018 10:36 AM
Insured Losses from China’s Typhoon Mangkhut Estimated at US$1B-US$2B: AIR
Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between US$1 billion and US$2 billion, according to catastrophe risk modeling firm AIR Worldwide. After making landfall in the Philippines, Typhoon Mangkhut doused a less …

POSTED SEPTEMBER 26, 2018 9:31 AM
AXA XL Names Moniz & Scully to Lead Excess Casualty Teams in Bermuda, Dublin, Respectively
AXA XL announced two senior promotions within its Excess Casualty Insurance business. Effective immediately Vivienne Moniz and Elaine Scully have been appointed as head of Excess Casualty, Bermuda, and head of Excess Casualty, Dublin, respectively. Their responsibilities will include driving …

POSTED SEPTEMBER 26, 2018 9:06 AM
UK Financial Firms Expect 5,766 Jobs to Move with Hard Brexit: 3rd Reuters Survey
As few as 630 UK-based finance jobs have been shifted or created overseas so far ahead of Brexit, while the number of jobs that UK-based financial institutions said they expected to move in the event of a “hard” Brexit is …

POSTED SEPTEMBER 26, 2018 8:29 AM
As Brexit Day Nears, 630 UK Financial Services Jobs Have Shifted to EU, Reuters Finds
As few as 630 UK-based finance jobs have been shifted or created overseas with just six months to go before Brexit, a far lower total than banks said could move after Britain’s surprise vote to leave the European Union, according …

POSTED SEPTEMBER 26, 2018 8:08 AM
Congress on Track to Double Size of U.S. Overseas Investment Agency
The head of the main U.S. agency for aiding developing country infrastructure projects said on Monday the ability to extend funding for such investments is expected to double if new legislation is approved by the U.S. Congress. Ray Washburne, president …

POSTED SEPTEMBER 26, 2018 5:00 AM
NAMIC Honors Rochman with Chairman’s Award
The insurance trade group National Association of Mutual Insurance Companies presented its Chairman’s Award to Julie Rochman, former president and CEO of the Insurance Institute for Business and Home Safety, at the association’s annual convention in San Antonio. “Through her …

POSTED SEPTEMBER 26, 2018 5:00 AM

NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Tower Insurance Associates, Inc confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.

   

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