New Jersey-based specialty insurer Transverse Insurance Group reported it has raised $48 million of additional capital to support expansion of its hybrid fronting insurance business. The $48 million raise was comprised of a private placement of $30 million aggregate principal …
Neptune Flood, an AI-driven flood insurance provider, has expanded its capacity through a new program sponsored by Transverse Insurance Group and backed by a panel of global reinsurers, which was placed through Acrisure Re (formerly Beach & Associates). Neptune policies …
InsurTech NY has announced that it will be accepting applications for its growth-stage InsurTech accelerator. The application window will be open from July 21 to August 17, and applications will be accepted through the InsurTech NY website. The program will …
