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.

Three national nonprofits will receive grants to assist in recovery efforts, including American Red Cross, Team Rubicon and Feeding America.

Reassured is a life insurance broker.

The company announced the appointment of Mike Neal and Mark Abate.

FIDO is a developer of sensor-based technology and software platform designed for companies to get rid of leaks and save water.

Sakana AI raised $70 million in a Series A funding round.

These advancements aim to streamline operations, improve decision-making, and elevate the user experience for carriers, agents and their policyholders.