Demex Group News

Demex Raises $5M to Bolster Its Stop-Loss Reinsurance Solutions for Secondary Perils

The Demex Group, the Washington, D.C.-based managing general agent (MGA) that offers stop-loss protection for secondary perils, announced it has raised $5 million from a syndicate of existing and new investors, led by Blue Bear Capital. Blue Bear Capital, a …

Demex and Vave Offer Parametric Extreme Temperature Insurance for U.S. Businesses

A technology firm and a managing general agent are partnering to offer extreme temperature insurance to commercial properties across the United States. According to Vave, an algorithmic underwriting MGA, and The Demex Group, a climate risk analytics and technology firm, …

Investors Back Startups for Commercial Auto, Climate Risk, High Risk Homes

An insurtech managing general agency focused on commercial auto insurance has raised $16 million in new Series A financing, a climate-risk related platform has $4.2 million in new seed financing, and a home insurance reciprocal and MGA focused on catastrophe-prone …