A new digital insurer is coming to theaters near you

Munich Re’s insurance business Ergo, which underwrites both P&C and L&H insurance businesses, will launch a stand-alone digital insurance company, with an initial offering of an auto product, in an attempt to become fit for the future. Also looking to trim some ~1,800 jobs out of its current staff of 14,320 by 2020.

Business

Munich Re Specialty enters Spanish insurance market

By Coverager ·

The company plans to begin underwriting in 2025.

Business

Ripe acquires Munich Re Specialty’s GJW Direct

By Coverager ·

The transaction is set to complete in the first half of 2025.

Business

Munich Re North America Life launches longevity reinsurance solution to US and Canada markets

By Coverager ·

Clients can pass on longevity risk by converting uncertain future pension or annuity payments into a fixed cash flow stream, locking in mortality assumptions and a fee at inception.

Technology

HSB adds WINT Water Intelligence to leak detection portfolio

By Gabriella Ben-Hutta ·

Systems will help monitor and prevent water damage in construction, commercial, and industrial locations.

A new digital insurer is coming to theaters near you

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Munich Re Specialty enters Spanish insurance market

Ripe acquires Munich Re Specialty’s GJW Direct

Munich Re North America Life launches longevity reinsurance solution to US and Canada markets

HSB adds WINT Water Intelligence to leak detection portfolio