Start-ups

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

The former reinsurance CEO had previously parted ways with Bob Cooney after working together on a reinsurer start-up last year.

2022 marked a reversal from last year’s unprecedented levels of global investment in InsurTech as the macroeconomic scenario flipped and investors put lossmaking companies under a magnifying glass.

Inside P&C’s news team runs you through the key highlights of the week.

Even if venture debt has always been around, sources said InsurTechs are approaching the market in different ways, as they struggle to raise equity rounds at attractive valuations.

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

Private equity is cautious around even the hard market opportunity in cat.

Some sources argue that now is the time for new management teams to tap into the market with fresh platforms.

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

The fund will primarily focus on early-stage investments in North America with an emphasis on insurance innovation.

The former executive is looking for $40mn to $80mn of new capital, sources suggested.

Names such as Next Insurance, Policygenius and Root have all announced layoffs to rein in expenses in worsening economic conditions.