Company News

Geely’s new EV brand partners with Qover to launch bespoke insurance programme

Geely Group‘s EV brand ZEEKR, has partnered with Qover, a firm specialising in embedded insurance orchestration, to introduce a bespoke insurance programme for its customers in the Netherlands.

Allianz appoint new CEO of Central Europe

Allianz SE has announced the appointment of a new CEO of Allianz Central Europe beginning January 1, 2024. 
KYND

KYND and Consilium forge strategic partnership to tackle cyber risks in insurance

KYND Limited, a leading entity in cyber risk management, and Consilium, the international (re)insurance broker under the Aventum Group, have announced a significant strategic partnership.  

Turkey and Greece partner to bolster reinsurance collaboration

Turkish President Recep Tayyip Erdogan and Greek Prime Minister Kyriakos Mitsotakis have joined forces in an agreement aimed at broadening their connections across various industries, notably within the reinsurance sector. 

Mulberri’s AI-driven insurance tech attracts $6.75m in Series A funding

Mulberri, an innovative AI-driven embedded business insurance platform, has recently successfully closed its Series A funding round.

How hx Renew is enabling modern reinsurers to make better pricing decisions

A hard reinsurance market, though challenging, brings forth a unique opportunity for innovation and growth. Amidst the largest capital squeeze in reinsurance since 2008, the market faces reduced capacity, intensifying the need for fast, responsive, and precise pricing strategies as pivotal drivers of growth. Solutions such as Hyperexponential‘s hx renew are attempting to redefine this space, enabling effective pricing strategies and take ownership of the market.
Pen

Pen Underwriting appoints Megan Jones as capacity relationship manager

Pen Underwriting, a notable player in the insurance sector, has welcomed Megan Jones as their new capacity relationship manager, effective 2 January 2024.

InsurTech Coalition launched by key industry players to transform industry

A group of leading companies have published an open letter to the insurance industry announcing the launch of the InsurTech Coalition.

AIG bags $712m and closes secondary share offering of Corebridge Financial

American International Group, Inc. (AIG) has successfully concluded its secondary offering of Corebridge Financial, Inc. (CRBG) shares, generating approximately $712m.
Ushur

Ushur achieves ISO 27001 certification for Its AI-powered CXA platform

Ushur, a leader in AI-powered customer experience automation (CXA), has achieved the International Standards Organisation (ISO) 27001 certification.

News Stories

Seltzer bets on Pennsylvania insurance growth with Trego

Seltzer bets on Pennsylvania insurance growth with Trego

Seltzer Group Partners, a Pennsylvania-based insurance provider, has acquired Trego Insurance Agency, bringing the Berks County agency's commercial and personal lines business into its...
Thoma Bravo's $4bn bet signals InsurTech consolidation

Thoma Bravo’s $4bn bet signals InsurTech consolidation

Accelerant, an InsurTech platform operating a data-driven risk exchange for the specialty insurance market, is set to be acquired by Thoma Bravo in an...
Applied Systems automates broker email quoting

Applied Systems automates broker email quoting

Applied Systems, an insurance software provider connecting agencies, brokers and carriers across the global risk value chain, has launched a new agentic email-to-quote submission...
Kita deepens Tokio Marine tie-up on carbon credit risk

Kita deepens Tokio Marine tie-up on carbon credit risk

Kita, a specialist provider of political risk insurance for carbon credit transactions and a Lloyd's Coverholder based in London, has secured a strategic investment...
Why InsurTech is reshaping commercial risk pricing

Why InsurTech is reshaping commercial risk pricing

Commercial insurers are facing a combination of geopolitical, economic and technological pressures that are challenging underwriting models built around relatively stable risk patterns and...
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