ILS Capital Management News

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 …

ILS Capital’s Prospero Re Gets Bermuda Regulator Nod to Write Traditional Reinsurance

Prospero Re Ltd., a reinsurance company wholly owned by ILS Capital Management with $250 million in statutory capital, has received Bermuda Monetary Authority (BMA) approval of its amended business plan, allowing it to write traditional as well as collateralized reinsurance …