FinTech News

Six ways tech is revolutionising M&A for insurers

Six ways tech is revolutionising M&A for insurers

Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
WTW, a global leader in insurance broking, and advisory services, has partnered with Canopius US Insurance, Inc. and Verita Capital Solutions to launch a new property insurance facility.

WTW unveils property insurance facility with Canopius and Verita Capital Solutions

WTW, a global leader in insurance broking, and advisory services, has partnered with Canopius US Insurance, Inc. and Verita Capital Solutions to launch a new property insurance facility.
Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance‘s Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.

Ryan Specialty to expand portfolio with acquisition of Ethos Specialty Insurance’s P&C MGUs

Ryan Specialty has signed a definitive agreement to acquire Ethos Specialty Insurance‘s Property and Casualty (P&C) Managing General Underwriters (MGUs) from Ascot Group.
SiriusPoint, a global specialty insurer, has announced a strategic partnership with Gigasure to offer travellers more flexible, customisable travel insurance policies.

SiriusPoint partners with Gigasure to deliver personalised travel insurance

SiriusPoint, a global specialty insurer, has announced a strategic partnership with Gigasure to offer travellers more flexible, customisable travel insurance policies.
BuddyID® has announced a strategic partnership with Pets Best to simplify the process of securing pet insurance. 

BuddyID and Pets Best unite to simplify pet health insurance

BuddyID® has announced a strategic partnership with Pets Best to simplify the process of securing pet insurance. 
Ebix, a global supplier of on-demand software and e-commerce services across the insurance, financial, and healthcare sectors, has emerged from Chapter 11 bankruptcy.

Ebix exits Chapter 11 bankruptcy

Ebix, a global supplier of on-demand software and e-commerce services across the insurance, financial, and healthcare sectors, has emerged from Chapter 11 bankruptcy.
Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Hexaware to help insurers improve their underwriting efficiency.

Earnix joins forces with Hexaware to drive insurance underwriting efficiency

Earnix, a leading global provider of AI-based SaaS pricing and rating solutions for financial services, has partnered with Hexaware to help insurers improve their underwriting efficiency.
Earnix, an AI-driven pricing and analytics platform, has partnered with Co-operators General Insurance Company to streamline homeowners’ insurance pricing.

Earnix partners with Co-operators to streamline homeowners’ insurance pricing

Earnix, an AI-driven pricing and analytics platform, has partnered with Co-operators General Insurance Company to streamline homeowners’ insurance pricing.
UK InsurTech investments H1 2024 decline

UK InsurTech market recorded zero deals over $100m in the first half of 2024

Key UK InsurTech investment stats in H1 2024: UK InsurTech investments continued to drop in H1 2024, which caused the region to not report...
Aon, a global professional services firm, has enhanced its capital advisory services through a pair of new appointments. 

Aon boosts capital advisory team with key appointments

Aon, a global professional services firm, has enhanced its capital advisory services through a pair of new appointments. 

News Stories

intellectAI Insurance’s month of listening exposes wholesale broking’s data gap

IntellectAI has used its Broker Appreciation Month (BAM) campaign, which ran throughout July, to surface the operational friction still holding back wholesale insurance distribution,...
What music can teach insurance actuaries

Actuaries and music: a mathematical connection

Actuaries and musicians may work in very different fields, but both rely on patterns, interpretation and judgement. At Akur8, several actuaries say their experience with...
Orange brings three insurance products to market simultaneously

Orange brings three insurance products to market simultaneously

Orange Insurance Exchange has gone live with three property insurance products simultaneously across Florida, moving onto Solstice Innovations' AI-native Equinox policy administration platform. The Florida...
Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, Uber, Cover Genius unveil rideshare InsurTech

Vero, the Suncorp-owned insurer, has partnered with Uber, the ride-hailing platform, and Cover Genius, an embedded insurance provider, to introduce what is being described...

NEOS and Marloo partner on AI-driven insurance pricing

NEOS, an Australian life insurance platform, and Marloo, an adviser productivity platform, have entered into a partnership that will embed NEOS pricing directly into...
227198

60,000+ InsurTech leaders get exclusive insights delivered every week