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Insurance Office of America (IOA) has announced a new round of investment involving its own employees, private equity firm Madison Dearborn Partners (MDP), and Canadian brokerage Navacord, in a move designed to strengthen its position in the US insurance market.
Commercial/Enterprise Insurance

IOA announces new investment deal with MDP and Navacord

“Non-life insurance poses little to no money laundering risk.” For years, this belief has shaped global regulatory priorities. Life insurance remained under strict anti-money laundering (AML) oversight, while general insurance received limited attention. But as criminal methods evolve, so too must the approach to AML in non-life insurance.
Auto Insurance

Is AML in insurance still low risk?

HappyRobot, an AI enterprise platform developer based in the US, has formed a strategic partnership with Tokio Marine Future Fund, the venture arm of Japan’s leading insurance group Tokio Marine.
Company News

HappyRobot joins forces with Tokio Marine for Asia growth

Company News

Asia Insurance goes live with CoverGo health platform

Canada’s auto lending sector is facing a period of transformation. While dealer reserves continue to be a core part of the market, rising vehicle prices, higher interest rates and growing regulatory scrutiny are challenging traditional lending models. This shifting environment is pushing lenders, dealers and borrowers to rethink long-standing practices and explore more transparent and efficient ways to balance profit with credit access, according to Earnix.
Auto Insurance

How AI is reshaping Canada’s auto finance landscape

Digital banking has transformed financial services, making them faster and more accessible than ever before. Yet, this convenience comes at a cost, with personal connections diminishing. Branch visits are nearly obsolete, making it harder for banks to sustain meaningful engagement with their customers, to the detriment of trust and loyalty.
Company News

How banks can boost loyalty through health engagement

Optifino, the digital Brokerage General Agency (BGA), and Covr Financial Technologies, a provider of digital insurance solutions, have announced a transformative merger to create Digital BGA 3.0.
Company News

Optifino and Covr merge to launch Digital BGA 3.0

Zurich North America, a leading commercial insurance provider and part of Zurich Insurance Group, has announced a strategic integration with Nearmap, a global provider of property and location intelligence for insurers.
Commercial/Enterprise Insurance

Zurich unveils AI aerial insights for faster underwriting

One Inc, the leading payments network, and Equisoft, a global provider of advanced digital solutions for the financial services sector, have announced a new partnership to deliver modern premium payment experiences for insurers and policyholders.
Company News

Equisoft integrates One Inc’s PremiumPay for insurers

Sixfold, an underwriting AI company, specialising in property and casualty (P&C) insurance, risk assessment automation, and AI-driven underwriting solutions, has today announced a significant upgrade to its platform with the launch of Referral Agent.
Company News

Sixfold launches Referral Agent to streamline underwriting

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