Carl Hess has predicted that WTW’s relaunch into treaty reinsurance will get “an enthusiastic reception” from carrier trading partners, adding that the venture is closing in on hiring a management team.

Juniper, the trailblazing insurtech start-up co-founded by Ambra Zhang, is setting out to revolutionise reproductive healthcare with its innovative approach to health insurance.

Dellwood Insurance Group’s founding CEO Michael Price has said that the success of the start-up will be driven by matching the “expertise and speed” of wholesale trading partners, adding that current P&C market conditions have a “multi-year runway”.

Oak Reinsurance has confirmed that its Lloyd’s Syndicate 2843 has received permission to underwrite business incepting from 1 January 2025.

Oak Group has secured backing from Bain Capital and will commence underwriting this week with a planned expansion into Bermuda and the US on the horizon in addition to its start-up Lloyd’s syndicate, The Insurer understands.

Nearly 93 percent of start-ups now carry cyber insurance, with many opting for simplified coverage solutions, according to insurtech MGA Embroker’s third annual Cyber Risk Index that focuses on start-ups.

Former Alesco duo David Doe and Paul Emuss have unveiled Doe & Emuss (D&E), a new boutique underwriting manager specialising in professional liability.

Lloyd’s 1.1 start-up Oak Re is continuing to build out its underwriting team with a number of hires from both carriers and brokers,

Former Howden and Lancashire ILS executive Darren Redhead is returning to frontline underwriting with the launch of a new Bermuda-based ILS manager that is expected to go live at 1.1.

Lloyd’s 1.1 reinsurance start-up Oak Re Syndicate 2843 expects to write in the region of $300mn GWP in its first year as the business continues to build out its executive and underwriting teams,

Insurance-focused venture capitalist BP Marsh has confirmed its investment in Volt Underwriting, a new London-based energy-focused MGA launched by former Travelers senior executives Chris Allison and Andrew Tokley.

Expansive Bermuda-based (re)insurance MGA Helix is preparing to launch a US platform to write a portfolio of property business, with former Icat CEO Greg Butler linked with the initiative,

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Proposed Lloyd’s investment fund Solasta Innovation has ceased fundraising and will not be going live at 1.1,

Ambac Financial Group has confirmed that it has partnered with surplus lines veteran Mike Miller and his team on the launch of excess and surplus lines MGA Pivix Specialty Insurance Services.