San Francisco-based insurtech Embroker raises $28mnDigital insurance broker Embroker has raised $28mn in Series Funding led by new investor Tola Capital, with existing investors including XL Innovate also participating.
Palomar IPO to raise up to $110mnUS specialty carrier Palomar Holdings has launched the roadshow for its initial public offering, with the targeted proceeds increased greatly from the placeholder amount provided in its S-1 last month.
This year’s top insurance modelThe topics of the best model for starting up in the (re)insurance industry and how existing companies must evolve their business models to stay ahead were discussed by senior executives at a roundtable held in New York by The Insurer – in association with Lloyds Bank.
Watford Re shares list at 36% discountWatford Holdings shares were trading at a 36 percent discount to year-end 2018 book value as the Bermudian total return (re)insurer listed on Nasdaq today.