Parametric insurance companies

Montreal-area June flooding loss estimate climbs to CAD 442m: CatIQ

CatIQ, a Toronto-based organisation providing industry-wide catastrophe insurance data and a subsidiary of PERILS, has disclosed its third industry loss estimate for the June 2026 flooding event in Canada, which…

CatIQ raises Montreal West Island flooding insured loss estimate to C$442m

Specialty Insurer Orion180 Falls 2.8% After $240 Million IPO

Orion180 Insurance Group Inc. fell 2.8% in its first day of trading after the company raised $240 million from its initial public offering. The specialty homeowners insurance company’s shares closed at $11.66 each on…

Prince William’s Climate Hunt: African Insurtech Pula Named a £1m Earthshot Finalist

Comparion partners with Sola Insurance

Comparion agents will be able to offer Sola’s standalone wind and hail coverage.

Orion180 seeks to raise up to $340m in IPO

Orion180 Insurance, a founder-led, technology-focused, high-growth, high-margin specialty insurance group, has launched the roadshow for its proposed US initial public offering, seeking to raise $300 million to $340…

Gregg’s E&S insurer Orion180 sets terms for up to $1.7 billion Nasdaq debut

The Florida-based excess and surplus homeowners insurer is testing investor appetite with a huge valuation multiple

Specialty Insurer Orion180 Seeks to Raise $340 Million in IPO

Orion180 Insurance Group Inc., a specialty homeowners and flood insurer, is seeking to raise as much as $340 million in an initial public offering. The Melbourne, Florida-based company plans to market 20 million shares…

Cyber reinsurance market to shift focus to strategic deployment: Ariel Re’s Carr

Ample capacity and sustained competitive pricing will characterise the cyber reinsurance market, but the core discussion is shifting from sheer volume to strategic deployment, Daniel Carr, Head of Cyber Underwriting at…

Descartes and Generali renew strategic parametric partnership

Descartes Underwriting, a global provider of parametric re/insurance solutions for climate and emerging risks, and Generali Global Corporate & Commercial (GC&C), the business unit of Generali Group that provides…

Descartes and Generali renew parametric insurance partnership

Moody's sees record ILS capital funding riskier, harder-to-place perils

Record ILS capital and the steepest reinsurance pricing decline in a decade are not contradictory. They are symptoms of the same abundant-capital environment - and the question for the January 2027 renewal is how long…

RockRose Risk ties property mitigation to lower insurance costs

Insurtech RockRose Risk raises $12.5 mn Series A for wildfire insurance

Insurtech RockRose Risk raises $12.5 mn Series A for wildfire insurance

Insurtech Veltha builds AI claims adjuster for workers’ comp and crop insurance

Orion180 targets Nasdaq as flood insurance demand grows

Orion180 files for IPO

Orion180 describes itself as the second-largest E&S homeowners insurer in the US by direct written premium.

MIC Global and inDrive Scale Parametric Insurance Partnership to 18 Countries

$100m IPO: Orion180 files S-1

Homeowners and flood insurance provider Orion180 Insurance Group has filed a Form S-1 with the US Securities and Exchange Commission for a proposed initial public offering of its Class A common stock.

Wildfire brokerage RockRose Risk raises $12.5 million to become the underwriter, roofer and more

Napa startup wants to bundle mitigation work with insurance placement – and use millions in new venture funding to pick up the contractors that will do it

RockRose Risk secures $12.5m Series A to build integrated wildfire insurance platform

RockRose Risk, an insurance brokerage specialising in wildfire risk and mitigation for property owners, has secured USD $12.5 million in Series A funding as it moves to expand its insurance offering into a broader…

RockRose Risk Secures $12.5M Series A to Launch Vertically Integrated Wildfire Insurance Platform

Fire-Zone Insurance Broker RockRose Risk Raises $12.5 Million

RockRose Risk, a US insurance brokerage specializing in wildfire zones, raised $12.5 million in a Series A funding round that was co-led by Crosslink Capital and Congruent Ventures, with participation from asset manager…

Amwins and Dragoneer confirm due diligence in final stages for Steadfast acquisition

Steadfast Group, an Australian insurance broker, has announced that Amwins Group, Inc. and Dragoneer Investment Group, LLC (collectively, the Consortium) have confirmed that due diligence is in its final stages and that…

CatIQ raises Ontario & Quebec thunderstorm insured market loss estimate 17.5% to C$439m

Retail P&C most vulnerable to AI disruption within insurance sector: Moody’s

While artificial intelligence (AI) is delivering tangible gains for property and casualty (P&C) insurers, retail P&C distribution is the area most vulnerable to near-term disruption due to its high transaction volumes…

Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire

Commercial property insurer FM said it has acquired FortressFire, a provider of wildfire intelligence solutions for homes, businesses and communities. FortressFire will operate as an independent, wholly owned division…

CatIQ lifts insured loss estimate for Ontario-Quebec storms to CAD 439m

CatIQ, the independent Toronto-based catastrophe insurance data provider and subsidiary of PERILS, has released its second industry loss estimate for the severe thunderstorm event that struck parts of southern Ontario…

AIG, Parametrix launch parametric cover for cloud outage losses

New cyber solution provides faster payouts for business interruption caused by cloud service disruptions

AIG & Parametrix launch cyber parametric solution for cloud service outage losses

American International Group, Inc. (AIG), a global insurer and reinsurer, has launched a new Parametric Cloud Outage Solution in partnership with Parametrix, a provider of digital business interruption solutions…

AIG launches parametric cloud outage insurance working with Parametrix

Business Moves: FM Acquires Wildfire Intelligence Firm FortressFire

Commercial property insurer FM said it has acquired FortressFire, a provider of wildfire intelligence solutions for homes, businesses and communities. FortressFire will operate as an independent, wholly owned division…

FM bets on structure-level wildfire science with FortressFire acquisition

The deal puts physics-based ignition modeling at the center of FM's commercial property underwriting - and signals where the broader market is heading

FM acquires wildfire intelligence provider FortressFire

Commercial property insurer FM has acquired FortressFire, a provider of wildfire intelligence that combines machine learning and physics-based modeling; financial details of the transaction were not disclosed.…

Ahmedabad-based insurtech startup InRisk Labs raises $27 million from Bessemer, Northpoint Capital

Amwins Global Risks broadens global renewable energy catastrophe facility and raises capacity to $50m

Amwins Global Risks, the specialist wholesale insurance broking business of Amwins, has expanded its specialist natural catastrophe facility for renewable energy projects, increasing available capacity to USD $50…

Financial results round-up: MetLife, Prudential, Corebridge, Palomar, Heritage, and more

P&C carriers post improved combined ratios while life and retirement platforms show mixed underwriting results

Financial results round-up: MetLife, Prudential, Corebridge, Palomar, Heritage, TWFG, Root and more

P&C carriers post improved combined ratios while life and retirement platforms show mixed underwriting results

Parametric insurtech InRisk Labs raises $27 million in Series A round