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Root Insurance, an insurtech that launched with an auto insurance focus and is now expanding into renters and homeowners cover, has placed its June property catastrophe reinsurance program renewal using Tremor Technologies programmatic risk transfer marketplace Panorama.

Independent insurance broking giant Lockton has now confirmed the senior hire and appointment of Bob Bisset as its new Chairman, Global Retrocession & Property Specialty, Bermuda and Market Capital of reinsurance broking unit Lockton Re.

Insurance and reinsurance broker Miller, the newly independent and private equity funded broking group, has announced a further expansion into the insurance-linked securities (ILS) world, with the appointment of Erik Manning as Head of ILS.

TigerRisk Partners LLC, the global risk, capital and reinsurance brokerage and advisory, has announced a new senior appointment, as it has added a new Chief Financial Officer (CFO) with the hiring of Jonathon D’Arcy, who previously worked at broker JLT Re as CFO and COO.

Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, has experienced strong demand in the run-up to the renewals, with more than $700 million of reinsurance capacity sought from its platform by clients in May 2021 alone.

BGC Partners has announced that it has reached an agreement to sell its Corant Global insurance and reinsurance broking businesses, including brands Ed Broking Group Limited and Besso Insurance Group Limited, to The Ardonagh Group Limited for a $500 million cash consideration.

Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, has now integrated AM Best ratings into Panorama, becoming the first online marketplace to integrate ratings programmatically into its offering.

Tremor Technologies, the insurtech offering a technology-based programmatic insurance and reinsurance risk transfer marketplace, has announced a senior addition to its Board, with the former PartnerRe CEO Emmanuel Clarke joining.

Reinsurance broker Guy Carpenter has launched its Capital Advisory Group in Asia Pacific, as it looks to provide clients with products and tools to help them better managing capital through risk transfer solutions across the region.

Expansive insurance and reinsurance broking group Acrisure has successfully raised over $3.4 billion in two transactions, with the “aligned capital” expected to help it pursue strategic initiatives, including doubling-down on its technology-led value proposition.