FinTech News

Simply Business, LLC, the leading digital insurance marketplace dedicated to small businesses, has partnered with Coterie Insurance, a tech-driven managing general agent (MGA) specialising in small business insurance solutions.

Simply Business partners with Coterie Insurance to streamline small business coverage

Simply Business, LLC, the leading digital insurance marketplace dedicated to small businesses, has partnered with Coterie Insurance, a tech-driven managing general agent (MGA) specialising...
AIG, a leading global insurance organisation offering property & casualty insurance, life insurance, and retirement solutions, has announced the launch of Syndicate 2478 at Lloyd’s.

AIG leads launch of Syndicate 2478 at Lloyd’s to enhance reinsurance program

AIG, a leading global insurance organisation offering property & casualty insurance, life insurance, and retirement solutions, has announced the launch of Syndicate 2478 at Lloyd’s.
NeueHealth, a healthcare services company focused on value-based care, announced its acquisition by an affiliate of New Enterprise Associates (NEA) in a deal valued at $1.3bn.

NeueHealth acquired by NEA affiliate in $1.3bn deal

NeueHealth, a healthcare services company focused on value-based care, announced its acquisition by an affiliate of New Enterprise Associates (NEA) in a deal valued...
As 2024 draws to a close, experts in the insurance sector are forecasting the trends and obstacles likely to define the industry in 2025. While technologies like generative AI are making waves in claims processing and customer engagement, age-old challenges around efficiency, accuracy, and security remain prominent.

Navigating insurance challenges in 2025

As 2024 draws to a close, experts in the insurance sector are forecasting the trends and obstacles likely to define the industry in 2025. While technologies like generative AI are making waves in claims processing and customer engagement, age-old challenges around efficiency, accuracy, and security remain prominent.
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.

News Stories

EQT agrees $2bn deal for McGill and Partners

EQT agrees $2bn deal for McGill and Partners

McGill and Partners, a technology-enabled specialty (re)insurance broker, has agreed to be acquired by EQT in a deal valuing the business at $2bn. The transaction...
Can actuaries trust AI models?

Can actuaries trust AI models?

InsurTech firm Akur8 is taking a controlled approach to AI adoption in insurance: if using AI for actuarial work is possible and even necessary...
Capricorn Mutual completes Duck Creek platform go-live

Capricorn Mutual completes Duck Creek platform go-live

Aggne, a Wipro company and insurance technology services provider, has confirmed the successful go-live of Capricorn Mutual, the member-owned risk protection organisation, on Duck...
Why rating engines are becoming insurers' decision hub

Why rating engines are becoming insurers’ decision hub

Pricing technology is moving beyond its traditional home in actuarial and underwriting teams. Rating engines are increasingly being used by marketing, innovation and product...
AML

Why underwriting data holds the key to spotting AML risk

Insurance houses across South Africa are pouring money into anti-financial crime tools, yet heavy spending alone is not solving the problem. Effectiveness, particularly at...
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