An industrial conglomerate is in acquisition mode and looking to purchase mining assets. An investment group is considering whether to make a bet on a much-hyped IPO with production sites in remote places. A consultancy is advising a client on a transaction involving ski slopes.
Hurricane Harvey had a catastrophic effect on Houston and its surrounds, displacing approximately 1 million people and causing an estimated $75 billion in damage. Rainfall reached 50 inches in some areas, and the storm unloaded 27 trillion gallons of water onto Houston and southeast Texas.
In the quest for alpha, a growing number of portfolio managers have been exploring the esoteric world of alternative data.
Between Storms Desmond, Eva and Frank, the month of December 2015 was Britain’s wettest in history. Additional records for peak river flow and heaviest single-day rainfall were also endured. The resultant flooding caused damages of an estimated £5 billion and subjected the weary residents of Northern England to dozens of flood warnings and road closures.
Plug and Play Insurtech announced today that 17 startups will join Batch One of “Insurtech Europe powered by Plug and Play,” an innovation platform formally launched on November 14, 2017 by Plug and Play Insurtech and Insurtech Hub Munich.
When a 6.2 magnitude earthquake hit central Italy on 24th August 2016, it forced thousands of Italians into homelessness and precipitated 45,000 aftershocks and four more devastating quakes. Italy’s losses in the six months following were estimated at €23 billion, with direct damages estimating €4.5 billion.
Geospatial Insight has been selected as one of nine of the brightest international InsurTech businesses. The Scale InsurTech programme was founded by PwC and Early Metrics to help fast-growth and high potential businesses connect to leaders and decision makers within the insurance industry.
Geospatial Insight, a leader in visual intelligence derived from geospatial big-data, today announced a £3.5m growth equity investment from Foresight Williams Technology EIS Fund and VenturesOne Investments. The financing will be used to expand Geospatial Insight’s machine learning capabilities as well as fast-tracking additional product streams and visual intelligence customer solutions.
Geospatial Insight and Deimos Space UK granted funding from European Space Agency to develop improved financial predictions for retail using satellite and artificial intelligence.