A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley

It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies. Source link

Insurers urged to help nightlife industry amid fears of a capacity crisis

With the UK nightlife insurance market dominated by one capacity provider, industry experts have called for more competition amid fears any scaling back or exit would have severe consequences on the sector. Insurers should step forward to help nightclubs facing an insurance crisis if one key provider scales back or steps away from the market. … Read more

Swindle targets doubling Ardonagh UK commercial MGA in three years

Ardonagh’s UK Commercial MGA CEO Jaime Swindle is targeting doubling the size of the business in the next three years taking it into the region of £500m gross written premium. “We want to triple the Ebitda within that timeframe,” Swindle (pictured) told Insurance Age. According to Swindle, it is currently seeing “really good, sustainable” growth. … Read more

MGA-backer Bridgehaven secures A- rating from AM Best

Bridgehaven CEO Paul Jewell has hailed the business securing a high level rating from AM Best. Bridgehaven, a newly launched fronter and capacity provider, has secured an A- (excellent) financial strength rating and a long-term issuer credit rating of ‘a-’ (excellent) from AM Best. Jewell said: “This rating is not only a testament to our financial … Read more