People News

hyperexponential names new chief financial and operations officer

hyperexponential names new chief financial and operations officer

hyperexponential, a SaaS pricing platform for insurers, has named Fiona Talbot as its new chief financial and operations officer.

Novidea bolsters team amid global expansion

Novidea, a global InsurTech and provider of a data-driven, cloud-native insurance platform to brokers, agents, and MGAs, has named Adam Glasby as one of its new programme managers

InsurTech Jerry eyes accelerated app development following $75m Series C

Car insurance shopper Jerry has closed a $75m Series C funding round led by Goodwater Capital at a $450m valuation.

Marsh’s marketing arm acquires family-owned Vaaler Insurance

Marsh McLennan Agency (MMA), the marketing agency subsidiary of global insurance broker Marsh, has purchased Vaaler Insurance for an undisclosed fee.

Why insurers need to leverage digitalisation and InsurTech to get a competitive advantage

Prior to the Covid-19 pandemic, the insurance sector was already a highly competitive space. Now, with more demand than ever for insurance, the market is going into overdrive.

Shepherd eyes strengthened workforce following $6.15m seed round

Commercial construction insurance business Shepherd has raised $6.15m from a seed funding round led by Spark Capital.

Arch Capital closes deal to acquire Westpac’s mortgage insurance business

Insurance firm Arch Capital has closed the acquisition of Westpac Lenders Mortgage Insurance (WLMI) for an undisclosed fee.

Insurify rakes in $100m from Motive Partners-led Series B

Insurance agent and comparison platform Insurify has raised $100m from a Series B round led by private equity firm Motive Partners.

UAE InsurTech Hala inks $5m to expand market footprint

Abu Dhabi-based Hala has snared $5m from a funding round led by Mubadala Investment Company.

Goldman Sachs backs InsurTech DealerPolicy in $110m Series C

Automotive insurance marketplace DealerPolicy has pulled in $110m from a Series C funding round led by Goldman Sachs Asset Management.

News Stories

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something usable for pricing, underwriting, and risk decisions, quickly, consistently, and at scale. That is where most organisations are still falling short. With Elevate Data now generally available, Earnix is focusing on a different problem, not how to store more data, but how to make it decision-ready.

Why data readiness is now the real bottleneck in insurance analytics

Financial institutions are not short on data. If anything, they are overwhelmed by it. The real challenge now is turning that data into something...
Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its position in the European cycling insurance market.

Laka strengthens dealer network with VeloLife deal

Laka, a UK-based InsurTech specialising in micromobility cover, has acquired the bike insurance business of VeloLife to expand its distribution network and strengthen its...

Aventum buys Post & Co to strengthen European presence

Aventum Group has acquired Post & Co to establish a foothold in continental Europe and deepen its marine insurance capabilities. The deal gives Aventum immediate...
OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims services and reshape how insurers handle motor and mobility-related claims.

OCTO teams with Sedgwick to enhance insurance claims data

OCTO, a global telematics and analytics specialist, has partnered with Sedgwick, a leading provider of claims management solutions, to integrate telematics data with claims...

Kidbrooke: fixing the personalisation gap in WTP comms

The Dutch pension sector has a communication problem and it is hiding in plain sight inside a document that looks entirely correct, according to WealthTech company Kidbrooke.
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