This new growth capital will enable Beam to continue to scale operations and fund growth initiatives.

Davies’ new operational center will provide scalable claims TPA and loss adjusting solutions for the Lloyd’s of London Market as well as Italian & global insurers with operations in Italy.

Phillip brings over 25 of experience in the insurance industry, with a strong background in accident and health underwriting, product development, and market expansion.

Terms of the deal were not disclosed.

Iain Belson appointed as Director of Distribution, while Beth Pilgrim joins as Strategic Portfolio Manager.

MoneyLion will utilize TransUnion’s data and credit solutions as part of its hosted credit-decisioning platform and consumer finance experiences.

SiriusPoint will cede net reserves of approximately $400 million, and Enstar’s subsidiary will provide approximately $200 million of cover in excess of the ceded reserves, with claims management transferring to Enstar.

Kingsway acquired Image Solutions, an information technology managed services provider, for $19.5 million.

FM is a commercial property insurer.

Michele succeeds Duncan Russell who took on the role of CFO in September 2024. 

The company announced the appointment of Peter Sharpe as the new Head of the London-based Specialty Reinsurance team.

Coverager’s monthly analysis of insurance activities across investments, partnerships, technology, and more.

Since 2000, Pacific Life and the Pacific Life Foundation have donated $5.1 million to disaster response and preparedness efforts.

Pacific Life’s Workforce Benefits business announced the addition of two new disability insurance products to its portfolio.