Company News

Aviva, a leading insurance company, has successfully agreed to acquire Direct Line Group, valuing the latter at approximately £3.7bn. According to Coverager, the acquisition...

LWCC, based in Louisiana, is the largest workers' compensation insurance carrier in the state, and it has announced its plan to acquire 100% of Prescient National.

Tangram, a MGA and national program manager, has launched a new multi-line insurance program specifically tailored to the security guard niche.

Prudential Financial has announced a strategic partnership with Empathy, a pioneering bereavement support platform.

The FINMA has published a new circular outlining stringent requirements for banks and insurers to manage climate and other nature-related financial risks effectively.

Claims transformation represents a strategic move within the insurance industry to reimagine the claims process. It focuses on integrating digital technology, data analytics, and...

Porsche Auto Insurance has launched an unlimited insurance policy designed specifically for Porsche owners who exceed 10,000 miles of driving annually. This product offers a...

Chubb, a global leader in insurance services, has announced the appointment of John Latter as head of claims for Chubb Overseas General (COG), effective immediately.

The insurance industry is undergoing a rapid transformation driven by changing demographics, evolving customer expectations, and advancements in digital technology and analytics. Insurers are...

The global InsurTech market grew to 25.97bn in 2024 and is expected to reach approximately USD 496.56bn by 2033. This represents a remarkable compound annual growth rate (CAGR) of 38.8% from 2024 to 2033. This rapid expansion is being driven by innovations in artificial intelligence (AI), machine learning (ML), cybersecurity, and a growing emphasis on Environmental, Social, and Governance (ESG) practices.