Sector Updates

Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, has formed a strategic joint venture with Skyward Specialty Insurance Group.

Bishop Street partners with Skyward Specialty to enhance MGA offerings

Bishop Street Underwriters, a multi-boutique insurance platform owned by RedBird Capital Partners, has formed a strategic joint venture with Skyward Specialty Insurance Group.
CeresAI, a data and analytics provider, has completed a Series D funding round led by Remus Capital, as it looks to help lenders and insurers reduce farming risks through advanced technology.

CeresAI secures Series D funding to drive AI-powered growth

CeresAI, a data and analytics provider, has completed a Series D funding round led by Remus Capital, as it looks to help lenders and insurers reduce farming risks through advanced technology.
Solace, a digital health platform, has announced that it has raised $14m in its Series A funding round.

Digital health platform Solace secures $14m in Series A

Solace, a digital health platform, has announced that it has raised $14m in its Series A funding round.
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.
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Why pension transition overviews fail to communicate

Dutch pension insurers are producing transition overviews that tick every legal box and still leave participants fundamentally confused about what is happening to their...
Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company.

Beazley investors back £8.1bn Zurich takeover deal

Beazley, a London-listed specialty insurer, said shareholders have approved Zurich Insurance’s £8.1bn all-cash takeover of the company. The deal was backed by 99.9% of votes...
Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they share their insurance information.

Canopy Connect adds multi-option sharing path to intake platform

Canopy Connect has launched a new sharing path feature for its Insurance Intake Platform, designed to give insurance prospects more flexibility in how they...
The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers.

Rising home insurance premiums add pressure for first-time buyers

The Zebra, an insurance comparison platform, has warned that rising homeowners' insurance premiums could place significant financial pressure on first-time homebuyers. The company’s latest analysis...
EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part of a new overseas travel insurance offering.

Tokio Marine adopts ClaimPulse to automate travel insurance FNOL

EIS, an AI-native insurance core platform provider, has announced that Tokio Marine & Nichido Fire Insurance (TMNF) has deployed its ClaimPulse™ technology as part...
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