Profits slip but income is steady and operating profit almost doubles as report flags the business’s £50m Abacai launch and acquisition of broker Dayinsure.
The insurtech start-up says Amazon Business Prime customers will have access to covers including public liability, employers’ liability, professional indemnity, cyber, directors and officers, and office contents & equipment insurance.
The insurer has accused Marshmallow of misusing confidential information and stealing trade secrets. Marshmallow has denied the claims.
Penny Searles, of Wunelli and Smartdriverclub, is on the advisory board of the Gibraltar-regulated entity which has said it will work with UK brokers.
Cuvva COO Andy Tomlinson talks about the company's evolution, the rise of on-demand products and the broker's plans for the future.
The MGA said the claims product could be offered as ancillary cover by personal lines brokers or embedded into a home policy wording.
Mulsanne launched a case against the start-up in March this year, accusing it of misusing confidential information and stealing trade secrets.
The collaboration is said to focus on insurance solutions for non-owned fleets in areas such as peer-to-peer vehicle sharing, on demand delivery, ridesharing, vehicle leasing, micromobility, and autonomous vehicles.
The insurtech start-up was also ordered to provide information ahead of a trial later this year in a legal case that centres around Mulsanne accusing Marshmallow of stealing trade secrets.
CEO Jimmy Williams talks to Insurance Age about the company’s newly launched product and its plans for future expansion.
The two firms have said that their motor fleet insurance products are now available to self-drive hire, own goods, courier, and tradesperson fleets across the UK
Motor insurtech says the new leadership team joins as the group "eyes the significant opportunity to better serve customers" following the FCA's dual pricing ban.
The MGAs have co-created cover for freelancers and micro-SMEs operating in the health and wellbeing sector.
Latter, who previously worked at Saga, takes over from Malcolm Harvey who will remain with the business as founder and executive director.
The provider's Syndicate 1856 is moving into business classes including D&F property, marine and energy liability, political risk, terror and war, cargo and specie and professional lines, following $350m capital injection.
In an ongoing court battle Mulsanne claims Marshmallow has proposed to "dump" its clients in what the insurer brands a "potential serious regulatory breach".
The insurtech startup also reported doubling its revenue and GWP in its second year of trading.
The generational divide is a key finding of a survey which insurtech Getsafe conducted among 2,069 British citizens.
Dave Ovenden, of Willis Towers Watson, considers how the industry can ensure commercial cover isn't left behind amid the tech revolution.
Mulsanne launched a case against the start-up in March this year and is seeking to claim £39m in damages.
Court documents show the trial as to liability will take place this year after Mulsanne accused Marshmallow of stealing trade secrets.
As demand for flexible on-demand insurance products is accelerated by Covid-19, Insurance Age investigates what the challenges and opportunities are for brokers.
Insurance Age meets Dr Henna Karna, who heads up reinsurance and risk management solutions at Google Cloud, to learn more about Google's insurance plans and discuss the future for brokers in a tech dominated landscape.
Mulsanne says it has suffered loss and damage of at least £39m, as judge orders Marshmallow to disclose information relating to the case.