Brookfield reinsurance arm enters $5.1bn agreement to buy American National
Brookfield Asset Management’s reinsurance branch has agreed to acquire multi-product insurance company American National Group for $5.1bn in cash.
Novidea eyes expanded InsurTech footprint by joining ACORD program
Cloud-based InsurTech Novidea has revealed it has joined the ACORD Solutions Group (ASG) Licensed Integrator Partner program to expand its global presence in the market.
Employee InsurTech Onsurity bags $16m in Series A raise
Indian employee benefits platform Onsurity has raised $16m from a Series A funding round led by Quona Capital and Nexus Venture Partners.
MotoRefi extends Series B with extra $5m capital raise
Auto refinancing company MotoRefi has raised an additional $5m in its extended Series B funding round.
AXA unveils new digital claims offering for motor insurance customers
Insurance giant AXA has introduced STeP, a new digital claims solution to help customers simplify their motor insurance process.
South African InsurTech Ctrl rakes in $2.3m investment
Short-term insurance advice provider Ctrl has secured a $2.3m investment from business funder Naspers Foundry.
Bolttech bolsters market reach with I-surance acquisition
Singaporean InsurTech Bolttech has purchased European business-to-business-to-consumer fellow InsurTech I-surance for an undisclosed fee.
Jay-Z-backed Ethos bolsters unicorn status with SoftBank investment
US life insurance firm Ethos has secured a $2.7bn valuation after a $100m investment from SoftBank Group.
Insurtech firm Kin enters merger to go public on NYSE
US InsurTech Kin plans to merge with Omnichannel Acquisition – a special purpose acquisition company – to go public on the New York Stock Exchange (NYSE).
Collective Benefits rakes in £6m to aid expansion, bolster worker safety net
UK Insurtech startup Collective Benefits has secured £6m in a funding round led by US venture firm NFX.
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