MassMutual Ventures participated in the round.
Faye expects to grow its revenue fivefold in 2024 alone.
The transaction marks BMS’s largest acquisition to date.
Zurich has acted as Tesla’s preferred insurance provider in Switzerland since 2016.
Quintes was founded in 2012 by Gijsbert van de Nieuwegiessen and is one of the largest independent insurance brokers in the Netherlands.
Aspen announced changes to its leadership, effective August 1, 2024.
Manulife Investment Management and Achmea participated in the round.
The company's current Executive Vice President and Chief Financial Officer Chris Peirce announced he will retire at the end of 2024.
Financial terms are not disclosed.
The company is launching a new program to help insurers secure their clients’ networks with "the world’s most advanced AI security platform."
Quantum Boat 2.0 broadens customer eligibility.
Brett Seybold will replace Wallace as CFO.
Smith began his career at AIG.
UCPM Insurance is one of the largest environmental insurance wholesalers in the country.
John Tuttle is currently Vice Chairman of the New York Stock Exchange.