IPOs

Board members include the former CEO of Assurant and the chief legal officer of Stripe.

Inside P&C’s news team runs you through the key developments from the week.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The specialty insurer’s premium income grew from $457mn in 2020 to $1.8bn in 2021, and $2.1bn including Lancer.

Investors are taking a second look at private valuations, as they realize that an IPO or a SPAC exit is no longer an attractive option in the short term.

Harper’s comments follow Kin and Omnichannel mutually agreeing to terminate their previously announced SPAC merger deal due to 'unfavorable market conditions'.

The president of the newly listed car company outlined the MGA’s scope for growth, appetite for M&A, and addressed the question of whether it could go full-stack.

Inside P&C’s news team runs you through the key developments from the last week.

HCI’s suspension of TypTap's spin off amid a punishing market for InsurTechs pressured the company's stock.

The company said on Wednesday that current market pricing for the planned IPO doesn’t reflect the InsurTech’s value.

Hallmark’s board of directors noted significant progress in the firm's underwriting operations over the last 18 months, including a successful loss portfolio transfer and improved underlying results.

Carl Bauer-Schlichtegroll said InsurTechs in the IPO market attracted a lot of investors who did not understand the complexities of the insurance market.