AI-driven InsurTech Federato secures $40m Series C funding round
Federato, an InsurTech startup specialising in AI-driven underwriting solutions, has announced the close of a $40m Series C funding round.
The round was led by...
Arthur J. Gallagher expands US presence with Shepard Insurance Group acquisition
The acquisition strengthens Gallagher’s position in the high-net-worth insurance market, building on Shepard Insurance Group’s strong regional presence and expertise.
Previsico partners with Esri UK to revolutionise flood forecasting
Previsico, a specialist in surface water flood forecasting, has partnered with Esri UK to help UK businesses and organisations mitigate future flood impacts and...
B.P. Marsh invests $12.6m in XPT Group to drive insurance market expansion
B.P. Marsh & Partners, a specialist private equity investor in early-stage financial services firms, has made a $12.6m investment in XPT Group, a leading US-based insurance distribution platform.
McGill and Partners partners with Tokio Marine Kiln and Convex to launch $95m trade...
McGill and Partners, an independent global specialty insurance and reinsurance broker, has launched a new trade disruption insurance facility in collaboration with Tokio Marine Kiln (TMK) and Convex.
Sony Financial Group acquires Japanese InsurTech startup JustInCase
Sony Financial Group, a major player in the property and casualty (P&C) and life insurance markets, has announced the acquisition of Japanese InsurTech startup JustInCase.
Canara HSBC Life Insurance debuts Generative AI-driven underwriting solution
Canara HSBC Life Insurance is launching a Generative AI-driven underwriting solution to enhance precision, efficiency, and scalability in life insurance underwriting processes.
The product, known...
Everest enters Italian market with new Milan base
Everest, a global reinsurance and insurance leader, has announced its entry into the Italian market, as it looks to scale its presence across Europe.
CoverGo strengthens APAC operations with Louis Lee as managing director
CoverGo, an InsurTech company offering end-to-end digital solutions for the insurance industry, has announced the appointment of Louis Lee as managing director, APAC.
Akur8 welcomes Michael Kraus as strategic advisor for German insurance market
Akur8, a leading provider of AI-powered pricing and reserving software, has announced that Michael Kraus, founder of 9elf26 and former CEO of NOVUM, has joined the company as a strategic advisor for the German insurance market.
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