Editor at Coverager
The funding will support product expansion and broader adoption among healthcare organizations.
Amadori will focus on delivering Management Liability solutions for publicly traded companies.
AM Best noted ongoing execution risk given the company’s expansion plans and concentration in the annuity market.
The ratings update follows capital management actions initiated by IMT after a downgrade in August 2024 tied to weather-driven underwriting losses and inflationary pressures.
Terms of the transaction were not disclosed.
Effective January 1, 2025.
NRMC will become part of Verisk’s Extreme Event Solutions.
The collaboration begins with a motor insurance launch in Poland via Zurich’s DA Direkt in Q2 2025.
Amplify Life Insurance is backed by Munich Re.
The company says it will continue expanding through both organic growth and M&A, with new deals expected to be announced soon.
In partnership with Further.
Bubble was a provider of bundled life and home insurance policies.
The CarAdvise Fuel Program card is powered by Corpay.
Beazley Security went live on June 25, 2024.
JM buys Jewellers Loop.
