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The executive will help define Next’s customer segmentation strategy as the company evaluates new industries to serve.
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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.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C’s news team runs you through the key highlights of the week.
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The management liability product provides coverage with limits up to $5mn for private businesses with up to $10mn in revenue.
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It is expected to begin rolling out in the first half of 2023.
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Across the P&C industry, sentiment expressed on Q3 conference calls has improved since pandemic lows.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The executive has served on the company’s board since 2017 but is looking to focus on venture capital interests.
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The operation will be led by global product VP Mitesh Chauhan, who joined the cyber risk modeling firm from Entrust.
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The cyber MGA promoted Dan Law to chief commercial officer, Theresa Le to chief claims officer and Neeraj Juneja to chief risk offer and finance SVP.
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Led by MassMutual, existing investors Newark Venture Partners and Cameron Ventures participated in the round, along with new investor Aperture VC.