Fusion Specialty and HDI Global Expand Partnership, Parametrix Raises $27M

Fusion Specialty has expanded its global partnership with HDI Global Specialty SE, enhancing their collaboration in specialty insurance markets. This development aims to strengthen risk and catastrophe modeling capabilities through combined expertise. Additionally, Parametrix secured $27 million in Series B funding, expected to advance its technological solutions in risk assessment, while Branch, a technology-driven home and auto insurer, raised $24 million in Series A funding to support growth and innovation in insurance offerings.