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Adaptive Insurance reaches $10m in funding with new capital injection

Adaptive Insurance, a climate resilience-focused company that uses artificial intelligence and data to provide climate-based parametric insurance, has successfully secured $5 million in additional financing from new and existing investors. According to the announcement, the capital injection will be used to accelerate the development and distribution of Adaptive’s products designed to address the growing risks…

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Duck Creek acquires Send Technology to strengthen AI-driven underwriting capabilities

Duck Creek Technologies, a provider of property and casualty (P&C) and general insurance software solutions, has acquired Send Technology Solutions Ltd, an AI-native underwriting orchestration engine. The acquisition creates the industry’s first agency solution that combines core insurance operations and intelligent underwriting workflows across the policy lifecycle and is suitable for multiple operating models. By…

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Catastrophe bond issuance exceeds $11.3bn in record second quarter: Artemis

After a busy start to the year, strong issuance momentum for catastrophe bonds and related insurance-linked securities (ILS) continued in the second quarter of 2026, with issuance volume exceeding $11.3 billion across a record 48 transactions in the quarter, Artemis reported. The Artemis Cat Bond and Related Insurance-Linked Securities (ILS) Market Report, Second Quarter 2026,…

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EPIC names Donatelli as National Surety Practice Development Leader

EPIC Insurance Brokers and Consultants, Inc. (EPIC), a US-based insurance brokerage and advisory company, announced the appointment of Monica Donatelli as head of national surety practice development. In her new role, Donatelli will leverage her more than 16 years of experience in construction and commercial bonding to develop practice strategy, client service delivery and expand…

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MSIG USA supports DEG $500m fund to expand private capital across sustainable development projects

MSIG USA, the insurance arm of global insurance company MS&AD Insurance Group Holdings, announced its participation in an innovative investment structure with KfW Group subsidiary DEG. DEG launched the initiative during the Hamburg Sustainability Conference, leveraging $500 million in funding to mobilize private capital to support sustainability projects in emerging and developing markets. Under the…

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Gallagher expands US Private Client offering with new insurance captive for high-net-worth individuals

Gallagher, an international insurance brokerage, risk management and advisory firm, has launched a new multi-person self-insured policy targeting high-net-worth individuals in the United States. The company said the launch broadens its U.S. private client proposition, offering eligible clients an alternative insurance structure with greater flexibility, greater control and expanded product choices. Gallagher said the new…

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ANV Group acquires Iris Insurance Brokers

Global insurance intermediary platform ANV Group Holdings Ltd. has completed the acquisition of London-based specialist insurance distribution platform Iris Insurance Brokers Ltd. Founded in 2000, Iris operates through three core divisions: Lloyd’s Wholesale Broking, Blink Intermediary Solutions and Vivid Underwriters. The integration of these divisions enables ANV to expand its retail and wholesale distribution network…

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