News

Battery Ventures, a global technology-focused investment firm, has made a strategic investment in Descartes Underwriting, a global corporate parametric insurance specialist. The transaction was executed at a premium to Descartes’ most recent Series B valuation. It allows Battery to join the company’s shareholder base, while all existing […]

Mereo Insurance Limited has selected Northern Trust to provide asset servicing and asset management solutions. Mereo is a Bermuda-based integrated reinsurance platform that launched in the first quarter of 2025 and underwrites a wide range of casualty, specialty, and property classes of business. Under the agreement, Northern Trust Asset Servicing […]

Karen Clark & Company (KCC), a provider of catastrophe risk modelling solutions, has released a new set of High Velocity (HV) models aimed at streamlining the analysis of hurricane and severe convective storm (SCS) losses. These models are designed to support quicker assessments while remaining consistent with KCC’s existing catastrophe […]

Developing markets-focused re/insurance group Africa Specialty Risks (ASR) has partnered with Asset Performance Partners (APP), a graduate of the 2024 Lloyd’s Lab, to enhance data insights and risk management in the energy insurance sector. APP reportedly provides real-time operational data and insights for energy asset operators. By combining […]

McGill and Partners, a specialist insurance and reinsurance broker, has announced the launch of a new cybersecurity insurance solution tailored to the Battery Energy Storage Systems (BESS) sector. With growing digitisation across the energy industry, battery storage systems have become increasingly vulnerable to cyber threats. As these systems […]

Markel Insurance, the insurance operations within Markel Group, has made new leadership appointments within its US Wholesale and Specialty division as part of a strategic regional realignment. Namely, Markel has revealed it is simplifying its structure from six US wholesale and two US retail regions to four integrated US regions. The firm stated […]

B.P. Marsh & Partners, a specialist private equity investor, has acquired a 27% shareholding in Cameron Specialty, a London-based underwriting agency. Founded in 2021, Cameron Specialty focuses on UK property insurance across the commercial combined and property owners sectors. The business is led by Founder and CEO Tom Kirkland. B.P. Marsh […]

Bermuda-based insurance and reinsurance company, Hamilton Insurance Group, has today announced that Adrian Daws will succeed Megan Graves as Chief Executive Officer (CEO) of Hamilton Re, with Alex Baker taking over from Daws as CEO of Hamilton Global Specialty. The appointments of Daws and Baker remain subject to requisite regulatory approvals, […]

Cyber events that cause reputation risks can lead to an average 27% drop in shareholder value, according to Aon’s 2025 Global Cyber Risk Report. The report analysed more than 1,400 cyber events globally, identifying which types are most likely to evolve into reputation risk events and which are most damaging when they do. Of the The post Cyber […]

The Hartford, a provider of insurance and financial services, has appointed Stephanie Lynch as Head of Ceded Reinsurance. Lynch brings 15 years of industry experience to the role. She joined The Hartford in September 2023 as Cyber Underwriting Officer, where she focused on strategy, growth, and streamlining the company’s cyber portfolio. […]