Blue Marble and MAPFRE partner to expand parametric climate insurance
Blue Marble Microinsurance has partnered with MAPFRE to expand access to parametric insurance solutions in markets with significant protection gaps.
Latest In: Climate
Aviva and AXIS Launch First Lloyd’s Consortium Focused on UK Onshore Renewable Energy
Aviva and AXIS have launched a new Lloyd's consortium, the A-Squared Consortium, with £200 million of capacity to support UK onshore renewable energy projects and the country's 2030 net zero ambitions.
$7.7bn Amwins and Dragoneer bid for Steadfast signals major shake-up in insurance broking
Australian insurance broker Steadfast Group has received a A$7.7bn acquisition proposal from a consortium comprising Amwins Group and Dragoneer Investment Group, in a move that could reshape Australia’s insurance distribution market.
Munich Re Ventures Backs Zanskar in $115 Million Series C for AI-Driven Geothermal Expansion
Geothermal energy startup Zanskar has raised $115 million in a Series C financing round to scale its AI-driven geothermal discovery platform and begin developing power plants across the Western United States. The round was led by Spring Lane Capital and included participation from existing backers Obvious Ventures, Union Square Ventures, and Lowercarbon Capital, as well as new and returning investors including Munich Re Ventures. The financing brings Zanskar’s total equity funding to $180 million.
Admiral Pioneer partners with Octopus EV to personalise insurance for electric vehicle drivers
Admiral Pioneer, the venture-building arm of Admiral Group, has partnered with Octopus Electric Vehicles to launch a personalised insurance offering for electric vehicle drivers using employer-sponsored leasing schemes.
SCOR and AXA launch Lloyd’s consortium to support ecological restoration projects
SCOR and AXA have announced the launch of a new Lloyd’s of London consortium dedicated to advancing ecological restoration, marking a significant step in expanding insurance support for nature-positive projects worldwide.
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