Start-ups
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Andrew Lewis has outlined growth plans for Xitus, a niche global legacy firm he has co-founded that will focus on non-life and reinsurance deals of $5mn-$50mn. -
Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The former reinsurance CEO had previously parted ways with Bob Cooney after working together on a reinsurer start-up last year.
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2022 marked a reversal from last year’s unprecedented levels of global investment in InsurTech as the macroeconomic scenario flipped and investors put lossmaking companies under a magnifying glass.
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Inside P&C’s news team runs you through the key highlights of the week.
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Even if venture debt has always been around, sources said InsurTechs are approaching the market in different ways, as they struggle to raise equity rounds at attractive valuations.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Private equity is cautious around even the hard market opportunity in cat.
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Some sources argue that now is the time for new management teams to tap into the market with fresh platforms.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The fund will primarily focus on early-stage investments in North America with an emphasis on insurance innovation.
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The former executive is looking for $40mn to $80mn of new capital, sources suggested.
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