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Mantas secures $1.77m for parametric solution to cover cloud service interruptions

Mantas, a provider of parametric cyber insurance and predictive analytics designed to help enterprises mitigate the risk of cloud outage, is launching parametric-based insurance solutions to cover the operational and financial impact of cloud outages and digital risks. To this end, the company has received a total of $1.77 million in funding from Nuwa Capital,…

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Guernsey’s Halldora Re gets rating of A- with stable outlook from AM Best

Credit ratings agency AM Best has assigned new Guernsey reinsurance company Halldora Re Ltd (Halldora Re) a financial strength rating of A- (Excellent) and a long-term issuer credit rating of ‘a-‘ (Excellent) with a stable outlook. AM Best explained that the ratings reflect Halldora Re’s “very strong” balance sheet strength, adequate operating performance, limited business…

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Novi Underwriters expands management liability offering with Vantage-backed coverage

Novi Underwriters welcomes Jason Binette, James Cinque and Cody Ruggirello to lead its newly launched stewardship liability offering. Novi Underwriters is a full-service managed general underwriter managed by Lockton Affinity, dedicated to turning complex challenges into competitive advantage for insurance agencies and carriers. It has developed strong relationships with its carrier partners and offers specialized…

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Squalify launches new cyber risk quantification platform

Cyber ​​risk quantification (CRQ) platform Squalify has launched Essential CRQ, a simplified CRQ product that enables organizations to quickly and financially quantify their cyber risk, requiring minimal input and delivering results in as little as 24 hours. Essential CRQ is built on Squalify’s proven platform, leveraging 15 years of cyber risk data and the expertise…

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Aon expands Connor Halliday’s role to lead Property Fac across EMEA & LatAm

Aon’s Reinsurance Solutions, the reinsurance arm of global broker Aon, has expanded the role of Connor Halliday to full-time head of real estate for Europe, the Middle East and Africa (EMEA) and Latin America in London. Halliday brings more than a decade of industry experience and international leadership expertise to support clients as they navigate…

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JBA Risk Management partners with TransZero to strengthen global flood risk insight

UK-based flood science specialist JBA Risk Management has partnered with startup TransZero to enhance flood risk assessment of real estate assets around the world. Launched in September 2025, TransZero supports companies with climate-related risk disclosure reporting by providing insights into global real estate assets. Its platform serves the asset management, banking, insurance and retail industries….

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