People News

Pie Insurance secures regulatory approval to acquire Western Select

InsurTech Pie Insurance has revealed it has received regulatory approval from the Illinois Department of Insurance to purchase Western Select Insurance Company.

Sayata aims to expand insurance footprint with $17m Series A

Insurance broker marketplace Sayata has bagged $17m from a Series A funding round led by Team8 Capital and Vertex Ventures.

Tysers unveils new cloud-based policy consolidation platform

Global insurance broker Tysers who launched TConnect, an insurance platform that is designed to consolidate processes and automate the life cycle of a policy.

Balance Re secures $10m from Anthemis-led Series A

Life reinsurance company Balance Re has raised $10m from a Series A funding round led by Anthemis Group.

InsurTech market expected to generate over $158bn by 2030

A report published by Allied Market Research has detailed that the InsurTech market is expected to garner $158.99bn globally by 2030.

Mosaic, DXC team to launch new speciality InsurTech platform

Mosaic Insurance and end-to-end IT services firm DXC Technology have partnered to launch a new insurance technology platform.

TrustLayer snares $15m to expand insurance verification platform

InsurTech firm TrustLayer has pulled in $15.1m from a Series A funding round led by Craft Ventures.

Acrisure teams with Quotall to offer consolidated insurance solution

Insurance broker Acrisure has entered a strategic partnership with fellow InsurTech Quotall.

MTN, Sanlam partner to expand insurance cover offering in Africa

South African telecommunications giant MTN has teamed with financial services business Sanlam to provide insurance products to subscribers of MTN in Africa.

CBIRC demands insurance company self-checks in management crackdown

The China Banking and Insurance Regulatory Commission (CBIRC) has called on online insurance firms to conduct self-assessments to identify violations and make corrections.

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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