Insurtech, Insurance Technology in reinsurance and insurance-linked securities (ILS)

Insurance technology, now known more widely as Insurtech, has the potential to bring significant efficiency & disruption to reinsurance, ILS & risk transfer markets.

Insurtech a hot trend with everyone from traditional reinsurance incumbents, as they seek to improve efficiency and stay ahead of the game, to brokers who are seeking to avoid disintermediation, to insurance-linked securities (ILS) players who see it as a way to enhance the efficiency of their capital even further.

The potential for Insurtech and Fintech initiatives to bring efficient capital, such as ILS capital and alternative reinsurance capital from third-party investors, more directly into contact with risk is huge. The opportunities to use technology to shorten and optimise the chain from original risk, to insurance, to reinsurance, to retrocession (or final capital source), will create winners and losers in the market, making this a trend to watch closely.


Live webcast – Reinsurance: The data driven future

We're hosting another live webcast along with our sister publication Reinsurance News on November 4th, with the discussion set to be focused on the use of technology within the reinsurance industry and the importance of data as a driver of future innovation. This webcast is being held in association with our read the full article →

Swiss Re CorSo uses IoT seismographs for responsive parametric triggers

Swiss Re Corporate Solutions, the commercial risk focused arm of the global reinsurance firm, has partnered with a provider of compact internet-connected seismographs in Japan, enabling it to use more responsive, in-situ, parametric trigger data sources. One of the problems with parametric earthquake insurance, or risk transfer and reinsurance, has always read the full article →

Hudson Structured invests again in insurtech Tensorflight

Hudson Structured Capital Management Ltd., which enters into insurance and reinsurance investment business as HSCM Bermuda, has invested again in property data focused artificial intelligence and imaging insurtech Tensorflight, participating in the startups Series A round alongside other re/insurance sector venture teams. The Series A funding round was led by QBE read the full article →

Blackbird ILS Marketplace registered in Bermuda

A new insurance-linked securities (ILS) marketplace provider has been registered in Bermuda and has joined the regulatory sandbox of the Bermuda Monetary Authority (BMA), with the Blackbird ILS Marketplace promising to bring securitized cyber and specialty lines business to investors in a fixed income format. Little is known about Blackbird ILS read the full article →

Munich Re Ventures raises $500m fund, surpasses $1bn of assets

Munich Re Ventures, the insurtech and related risk technology investment arm of the global reinsurance company, has closed a $500 million capital raise for a new Munich Re Fund II and now looks to broaden its approach to investing in the most innovative start-ups transforming the future of risk. Munich Re read the full article →

Hudson Structured invests in workers’ comp insurtech Insurate

HSCM Ventures, the venture investing arm of insurance-linked securities and reinsurance specialist investment manager Hudson Structured Capital Management Ltd., has led a $4.5 million seed funding round for data-driven workers' compensation insurtech startup Insurate. Insurate uses proprietary data and indices it creates to help identify businesses as "safe" to aid in read the full article →

ILS Capital Management backs insurtech platform MLTPLY

Bermuda headquartered ILS fund and reinsurance linked investment manager ILS Capital Management has invested in an insurtech incubation platform called MLTPLY which aims to provide startups with access to funding and services including reinsurance capacity. MLTPLY aims to launch a new insurtech startup offering every six months, by investing in and read the full article →

Hudson Structured invests in auto insurtech Buckle again, doubles surplus loan

Hudson Structured Capital Management Ltd., which enters into insurance and reinsurance investment business as HSCM Bermuda, has participated as an investor in a $60 million Series B funding round for auto and rideshare focused insurtech company Buckle, expanding its investment in the company. At the same time, Hudson Structured, acting as read the full article →

Vesttoo hires Stonybrook’s Butzbaugh to lead CAT and ILW transactions

Vesttoo, the technology company that uses proprietary artificial intelligence and machine learning solutions with the goal of helping companies assess and transfer risks to the capital markets, has hired Daniel Butzbaugh to lead the company's catastrophe and industry loss warranty (ILW) transactions from its New York office. Butzbaugh has joined Vesttoo read the full article →

Tremor offers efficient access to two-thirds of Lloyd’s capacity

Tremor Technologies, the insurtech with a technology-based programmatic insurance and reinsurance risk transfer marketplace, said today that it now counts 33 Lloyd's of London syndicates among the risk capacity providers signed up to its platform. This means that re/insurers using Tremor for their reinsurance or risk transfer placements now have efficient read the full article →