Markerstudy Group has completed its long-running acquisition of the Co-op Insurance underwriting business and signed up to a 13-year partnership to provide home and motor products under the Co-op brand.
New insurer Inigo has received approval in principle from the Corporation of Lloyd’s and will begin underwriting from 1st January 2021.
Insurance provider Marmalade is offering young drivers pay as you go cover for up to 3,500 miles in cars for which they are not the main named driver.
There were 170 insurtech funding rounds in the first half of 2020, an increase of 314% over the last six years.
Howden Broking has opened an office in Reykjavik to get closer its Icelandic clients which it had previously served from its operations in Finland.