FinTech News

Arthur

Arthur J. Gallagher acquires Indiana-based Schuetz Insurance

Arthur J. Gallagher & Co., a leading global insurance brokerage, has officially taken over M.J. Schuetz Insurance Services, an insurance firm based in Indianapolis,...
Wrisk

Sebastian Hartmann joins Wrisk Europe to drive embedded insurance growth

Wrisk, a leading provider of embedded insurance solutions for automotive brands, has appointed Sebastian Hartmann as European Director of Business Development. Sebastian brings a...
Nexus

Nexus and Arma Underwriting to unite to dominate specialty reinsurance in Dubai

Nexus Underwriting has entered into an agreement to acquire Arma Fusion, the parent company of Arma Underwriting.
Aviva

Aviva to acquire Direct Line in £3.7bn deal to enhance UK insurance market

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

LWCC secures strategic acquisition of Prescient National

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.
New partnership between Cytora and Moody’s RMS tackles catastrophe risk in insurance

New partnership between Cytora and Moody’s RMS tackles catastrophe risk in insurance

Cytora, a leading digital risk processing platform, has announced a partnership with Moody’s RMS, a global catastrophe risk modelling and solutions company.
bolttech raises $100m in Series C to fuel global InsurTech expansion

bolttech raises $100m in Series C to fuel global InsurTech expansion

bolttech, a global InsurTech provider focused on building a technology-enabled ecosystem for protection and insurance, has announced the successful closure of its Series C funding round.
FlyEasy debuts in Asia Pacific through Blink Parametric and Zurich Edge partnership

FlyEasy debuts in Asia Pacific through Blink Parametric and Zurich Edge partnership

Blink Parametric has expanded its innovative parametric travel insurance offering by launching FlyEasy in partnership with Zurich Indonesia and Zurich Edge.
Bridge Specialty Group strengthens portfolio with acquisition of ARMR assets

Bridge Specialty Group strengthens portfolio with acquisition of ARMR assets

Bridge Specialty Group, a subsidiary of Brown & Brown, has acquired the assets of American Risk Management Resources Network (ARMR), furthering its strategy to expand niche capabilities in environmental insurance.
Zurich acquires AIG’s travel insurance business to strengthen global footprint

Zurich acquires AIG’s travel insurance business to strengthen global footprint

Zurich Insurance Group (Zurich) has officially acquired AIG’s global personal travel insurance and assistance business, including Travel Guard, for $600m, with the potential for an additional earn-out payment.

News Stories

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date.

Kin Insurance lands $335m bond to bolster US storm protection

Kin Insurance, a US InsurTech focused on homeowners coverage in catastrophe-exposed regions, has secured $335m in its largest catastrophe bond transaction to date. The raise...
Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market. 

Allianz and Coalition form exclusive cyber insurance alliance

Allianz Commercial will transfer its standalone cyber insurance portfolio to Coalition as part of a long-term partnership to consolidate the global cyber insurance market.  The...
InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation.

Corgi hits unicorn status after $160m Series B

InsurTech firm Corgi has reached unicorn status after raising $160m in Series B funding at a $1.3bn valuation. The round brings Corgi’s total funding to...

Pit secures $16m led by Andreessen Horowitz

Pit, a Swedish AI startup developing custom enterprise software, has emerged from stealth with $16m in seed funding led by Andreessen Horowitz, as it...
Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until the next review. For much of the industry’s history, that assumption has held. Risk moved, but not so quickly that it escaped the frame of underwriting.

How real-time risk visibility is reshaping the insurance lifecycle

Insurance has always depended on timing. Risk is captured at a specific moment, translated into a price, and expected to remain broadly stable until...
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