Start-ups
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Talks are underway between the Silicon Valley firm and venture investors over the next raise, at a valuation of over $1bn.
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The executive follows colleagues including London wholesale CUO Dan Curran to Stephen Catlin and Paul Brand's start-up.
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Daniel Schreiber argues that incumbents’ assets are beginning to look like liabilities
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Rather than shying away from its potential rivals, Sapiens wants to work with InsurTechs to support the insurance industry.
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Guidewire chief marketing officer joins the InsurTech’s board
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Arch Capital backed hedge fund carrier’s outlook graded “stable”.
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The reinsurance broking start-up is set to close after just eight months.
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Tom Houston will work with upstream specialist Steve Hawkins at the new carrier.
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The size of the capital raise for the Bermuda-domiciled vehicle, which is 50:50 between the two partners, was not announced.
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Three will be a “significant asset” of Berkshire Hathaway in 10 to 20 years.
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Former Aon president will also profit from MMC-JLT, but broker start-ups are notoriously hard.
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Fundraising efforts will continue over the next three months with another close expected to take capital beyond the $2bn mark.