Insurtech bolttech secures additional series A funding

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“We are thrilled to welcome such high-calibre strategic investors,” said Rob Schimek, group CEO of bolttech. “They bring an extensive network and deep expertise in their respective markets, which will help propel our growth and support our innovation for our partners and customers around the world. Together with their partnership, we look forward to accelerating our international growth and realising our vision to connect more people around the world with ways to protect the things they value.”

Now present in 26 markets across Asia, Europe and North America, bolttech said the additional capital will be used to boost its technological

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What is an MGA? | Insurance Business Asia

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How MGAs fit into the distribution channel

Wholesale brokers act as an intermediary between a retail broker and an insurer, and work with insurers to attain specialised coverage for clients while having no contact with the insured. An MGA is one type of wholesale broker, and operates on the insurer’s behalf while also working closely with clients to attend to their needs. The other type of wholesaler is a surplus lines broker who works with a retail agent and an insurer to obtain coverage for the insured. What makes MGAs unique is their binding authority from the insurer.

An MGA

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MS Amlin AG selects Robert Wiest as CEO

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Global reinsurer MS Amlin AG (MS AAG) has today announced the appointment of Robert Wiest as chief executive officer. He will be taking over from Martin Albers, chairman of the board of directors, who is currently serving as CEO on an interim basis.

Wiest will take up his new role on January 03, 2022, and will be based in Zurich, Switzerland. He will work with Albers upon his appointment to ensure the continuation of a high level of service throughout the transition.

Wiest brings over three decades of industry experience to the position. He has spent over two decades of

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Dive In Festival now rolling

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Survey findings also revealed that Dive In is expanding its audience, with 62% of those registered attending for the first time.

The festival was organised to support the development of inclusive workplace cultures in the insurance industry. Established in 2015, Dive In is now one of the largest diversity and inclusion events in the world. This year’s theme of “active allyship” asks attendees to turn their diversity commitments into actions and support those from underrepresented groups.

Confirmed speakers for this year’s event include:

  • Helle Thorning-Schmidt, former prime minister of Denmark, who will discuss her experience of active allyship throughout
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