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MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets

MGA Pouch Debuts With ILS Capital Backing, Telematics for Small Commercial Fleets Pouch, an insurtech MGA using telematics to reward small businesses for safe driving, disclosed it has raised some initial financing that will help accelerate its launch into the commercial auto insurance market. ILS Capital is behind the seed round. The Bermuda-based company is an investment firm specializing in insurance-linked securities, according to its web site. Pouch is initially available in Illinois, with...
United States Stone Gate Steve Mckay Tom Libassi Stonegate Insurance Unique Insurance

A New Era For ILS On Bermuda - Finance and Banking

First Published in Bermuda Finance Magazine, December 2020 Bermuda remains the world leader in the ILS space. But as the sector grows and evolves, it must stay vigilant and continue to innovate to retain that position. Eight executives prominent in this space met virtually to debate these issues in a virtual roundtable. HOW WOULD YOU CHARACTERISE THE HEALTH OF BERMUDAS ILS SECTOR? Craig Redcliffe: Bermuda has been a major player in insurance-linked securities (ILS) over the years and we see con...
United States Hong Kong City Of United Kingdom Bermuda General Andrew Hughes
Source: mondaq.com

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