People News

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.

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.

News Stories

NatWest launches home cover tracker with Uinsure

NatWest launches home cover tracker with Uinsure

NatWest, one of the UK's largest retail banks, has joined forces with InsurTech platform Uinsure in an exclusive tie-up aimed at making home cover...
Navacord enters Newfoundland through Steers deal

Navacord enters Newfoundland through Steers deal

Navacord, the insurance brokerage, has partnered with Steers Insurance Limited, a move that takes the consolidator into Newfoundland and Labrador for the first time...
Can AI fix benefits season? Vertafore says yes with new agent

Can AI fix benefits season? Vertafore is betting on it

Vertafore, a Denver-based insurance technology provider, has launched an AI agent designed to reduce the time required to set up employee benefit plans, targeting...
INSTANDA and Diesta partner on insurance finance operations

INSTANDA and Diesta partner on insurance finance operations

INSTANDA, a global AI-augmented no-code policy administration system, has formed a strategic partnership with Diesta, a payments infrastructure firm designed specifically for the insurance...
Cowbell unveils OMNI to transform specialty insurance

Cowbell unveils OMNI to transform specialty insurance

Cowbell, an AI-native cyber and specialty insurance provider for small and medium-sized enterprises, has launched OMNI, an AI-native Decision Intelligence System designed to reshape...
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