Tagged: reinsurance

December 26, 2024 @ 9:01 am By Tony Zerucha  |  

As the finance world begins to embrace the potential of digital insurance, Dan Roberts believes Nayms is perfectly positioned to provide everything players need. Roberts, Nayms’ co-founder and CEO, sees the company becoming the Lloyd’s of London for Insurtech. The original thesis was to build… Read More

November 5, 2024 @ 12:22 pm By Tony Zerucha  |  

A catastrophic hurricane season has shed light on the reinsurance industry as it faces significant cost increases. Ted Georgas, co-founder and CTO of Nayms, a crypto-native reinsurance marketplace, said blockchain-based systems could dramatically reduce those costs. Georgas explained that reinsurance is a mechanism where insurance… Read More

July 2, 2024 @ 9:05 am By Omar Faridi  |  

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program is being renewed. It was reportedly led by the same tier-one carriers “as the expiring treaty and was oversubscribed on all dimensions.” The core of the program… Read More

June 12, 2024 @ 8:23 pm By Omar Faridi  |  

Kin Insurance, Inc. announced that the Kin Interinsurance Network and Kin Interinsurance Nexus Exchange, the reciprocal exchanges it manages, have completed their reinsurance programs for “the period of June 1, 2024 through May 31, 2025, at favorable economic terms.” Kin’s reinsurance program maintains Kin’s history… Read More

December 23, 2023 @ 3:36 am By Omar Faridi  |  

Traditional reinsurance companies will start offering meaningful cyber capacity in 2024 as cyber insurance is “one of the fastest growing lines of insurance to emerge in a generation,” according to the CEO of cyber risk analytics specialist, CyberCube. In a series of predictions from CyberCube… Read More

August 3, 2023 @ 11:48 am By Omar Faridi  |  

Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker is expanding its partnership with cyber risk analytics firm CyberCube by licensing CyberCube’s Industry Exposure Databases. CyberCube’s Industry Exposure Databases were “launched in October 2022 to enable (re)insurers and brokers to… Read More

May 25, 2023 @ 11:07 am By JD Alois  |  

Kin Insurance has completed its Florida reinsurance program for the following year. Kin is a direct-to-consumer digital insurer focused on the homeowner’s insurance market. Florida is struggling to regain its homeowner’s insurance footing following Hurricane Ian, which caused billions of dollars in losses. Reinsurance is… Read More

July 23, 2021 @ 10:44 am By Omar Faridi  |  

iPipeline, a provider of low code / no code content-enabled digital solutions and services to the financial services sector, reveals that global reinsurance company, PartnerRe, has decided to adopt the iPipeline’s SSG Digital® Platform in order to expand its international protection portfolio. As mentioned in… Read More