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Life Insurance International

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US-based insurance company Acrisure has finalised its acquisition of Vave, a property-focused managing general agent (MGA), from Canopius Group.

The financial details of the transaction were not disclosed.

Vave will join Acrisure Underwriting, Acrisure’s MGA platform in the US insurance market.

The business will continue to trade under the Vave n...


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Pen Underwriting has put in place a long-term arrangement for its non-standard household cover across the UK, the Channel Islands and the Isle of Man.

Zurich and Hiscox will sit in a new consortium supporting Pen’s specialist property account.

The book includes mid-net worth homes and cases that can be difficult to accommodate in the mainstream market, suc...


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Accelerant, a technology platform that connects specialty underwriters with risk capital partners, has named Linda S. Huber as its chief financial officer (CFO).

In the new role, Huber will run the company’s worldwide finance function, covering accounting, financial planning and analysis, treasury and tax.

She succeeds Jay Green, who has stepped down “to p...


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Qover has secured $12m growth capital from CIBC Innovation Banking, taking its total funding beyond $100m since launch.

The Belgium-based insurtech, established in 2016 by Quentin Colmant and Jean-Charles Velge, develops embedded insurance orchestration solutions and operates in more than 32 countries.

The newly secured funding will be used to further deve...


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Optio Group has signed an agreement to acquire Gardian Marine Limited, a London-based managing general agent (MGA), for an undisclosed amount.

The completion of the transaction is pending regulatory approval.

Gardian Marine, established by Guy Tyler and Edward Morgan, provides insurance solutions including marine builders’ risks, ship repairers liability, ...


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