Jersey City, New Jersey-based risk management services firm Hanover Stone Partners and Chicago-based accounting and advisory firm Baker Tilly Virchow Krause LLP announced that they are collaborating on offering vendor risk managment services.

Johnston, Rhode Island-based commercial and industrial property insurer FM Global said it has broken ground on a loss prevention training and operations center in Singapore.

New York City-based property and casualty insurer Tokio Marine Management & Insurance Cos. said it is now offering large property and casualty and general/products liability insurance to U.S. risk management customers.

New York City-based peer-to-peer insurer Lemonade said that it has recieved what it calls a "significant investment" from Menlo Park, California-based XL Innovate. The amount was not disclosed, but XL Innovate Managing Partner Tom Hutton will join Lemonade's board.

Foster City, California-based insurance software developer Guidewire Software Inc. said it will release its financial results for the fiscal quarter and year-end periods ended July 31 after market close on Sept. 7.

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