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Sutton National / Bamboo sponsor $70m Greenshoots Re sidecar, alongside recent cat bond – Go Health Pro

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Sutton National / Bamboo sponsor m Greenshoots Re sidecar, alongside recent cat bond – Go Health Pro

Sutton National Group has sponsored its first collateralized reinsurance sidecar issuance, a $70 million Greenshoots Re Ltd., which alongside its recent debut $100 million Greengrove Re Ltd. (Series 2025-1) catastrophe bond now provide core catastrophe cover for business written by Bamboo Ide8 Insurance Services, LLC.Sutton National announced today the successful renewal of Bamboo’s reinsurance program. … Read more

Torq, which automates cybersecurity workflows, raises $70M in new capital – Go Health Pro

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Torq, which automates cybersecurity workflows, raises M in new capital – Go Health Pro

As the volume of cyberattacks grows, there’s increasing interest from the corporate sector in tech to help automate responses to breaches. Per a 2023 survey from analytics firm Devo, 80% of security leaders expected expanded investments in security automation technology this year; most cited the tech’s potential to support cyber-threat mitigation. Projections say that the market for … Read more