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MDP-backed Navacord adds Unity Managing Underwriters

PE Hub

Unity Managing Underwriters provides creditor, life, disability and extended warranty products for personal and commercial vehicles. The post MDP-backed Navacord adds Unity Managing Underwriters appeared first on PE Hub.

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What is an Insurance Underwriter? (Definition and Key Responsibilities)

Peak Frameworks

An insurance underwriter is a professional responsible for evaluating the risk of insuring a person or asset and determining policy terms. Originating from marine insurance in Europe during the 17th century, underwriting has come a long way. The Process of Underwriting Risk Assessment Let's take the example of life insurance.

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Investment banks squabble over carbon footprint of underwriting deals

Financial Times - Banking

Working group votes on whether to exclude portion of underwriting deals from net zero targets, but critics see ‘double standards’

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FAQs on the Q3 2023 Reps & Warranties Insurance

JD Supra: Mergers

Given the current state of the market, deal flow is down and, therefore, so is the number of submissions getting sent to representations and warranties insurance (RWI) underwriters. Underwriters are poised to strike when the market picks back up again but, in the meantime, where does that leave us? By: Woodruff Sawyer

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[Video] Hinshaw Insurance Law TV – Transaction Insurance Solutions

JD Supra: Mergers

They discuss the nature, history, and various forms of transaction insurance, focusing on the placement and underwriting of transaction insurance, key coverages and policy provisions, and. By: Hinshaw & Culbertson LLP

Insurance 155
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Portfolio Purchase Pointers July 2023 - NAV Acquisition Finance for Secondaries Facilities

JD Supra: Mergers

These transactions require lenders to underwrite the value of assets that the borrower does not yet own, which gives rise to a specific set of challenges for the lenders. In the private equity secondaries market, financing is often used to facilitate the purchase of portfolios of interests in private equity funds.

Portfolio 130
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Robinhood acquires credit card startup X1 for $95M

TechCrunch: M&A

The startup first made headlines for its unique model , which allows it to underwrite customers based on their income rather than their credit scores. Indeed, the acquisition of X1 gets Robinhood into the credit card business with the interchange fee revenue that comes with it. Robinhood currently earns interchange fees from its debit card.

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