Hannover Re appoints Sven Wilhelmsen as General Manager

Global reinsurer Hannover Re has announced the appointment of Sven Wilhelmsen as Managing Director. In his new role, Wilhelmsen will lead the global L&H digital solutions portfolio, develop the strategic roadmap and ensure efficient, value-focused delivery and adoption across Hannover Re’s markets, customers and internal user communities. He has over 15 years of experience in…

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Previsico integrates Snapshot Live’s visual monitoring into flood platform

Real-time flood forecasting Insurtech company Previsico has partnered with Snapshot Live to integrate real-time visual monitoring into its flood intelligence platform to enhance flood risk forecasts. Snapshot Live delivers AI-powered remote visual intelligence to help organizations eliminate operational blind spots in locations where traditional monitoring solutions fail. Snapshot Live’s solar-powered off-grid cellular cameras are deployed…

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Gallagher names Repko as Senior Director, Capital Solutions, PEMA

Insurance broker and risk advisor Gallagher has appointed Laura Repko to the newly created role of senior director of capital solutions, responsible for its global multi-discipline private equity and M&A practice (PEMA). The appointment highlights the broker’s commitment to serving lenders and borrowers in complex transactional situations, as well as continued investment in the wider…

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FutureProof launches AI E&S Program

Venture-backed insurtech startup FutureProof Technologies and Bridge Specialty Group have launched a new personal lines property insurance program designed to provide excess and surplus (E&S) coverage to apartments and renters in disaster-prone regions of the southeastern United States, including Florida and Texas. Global insurance wholesale broker Bridge Specialty Group will leverage its distribution network and…

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Insurance tech specialist Sapiens gets investment from ADIA

Sapiens International Corporation NV, a global provider of software solutions for the insurance industry, announced that a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) has invested in the company and became a significant minority shareholder. The investment marks a step forward for Sapiens following its acquisition by Advent last year and will help…

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Howden Re flags ‘stark contrast’ between pricing trends and broader risk environment

David Flandro, head of industry analysis and strategic consulting at Howden Re, observed that a defining feature of June 1 renewals was the dichotomy between rising inflation, interest rates and risk premiums, and the direction of reinsurance pricing, with the soft pace in “increasingly stark” contrast to the broader economic and risk environment in which…

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