InsurTech unicorn Go Digit General Insurance to launch IPO to raise funds
Go Digit General Insurance, a leading InsurTech unicorn backed by major investors, has launched its initial public offering (IPO) to raise funds for strengthening its solvency ratio and capital reserves.
Mercury Insurance and Tokio Marine America collaborate to transition customers amid market shift
Mercury Insurance has partnered with Tokio Marine America (TMA) have partnered to ease the transition of customers from TMA and its subsidiary, Trans Pacific Insurance Company (TPIC), customers to Mercury Insurance.
Kalepa and Paragon strengthen collaboration to revolutionise underwriting
InsurTech leader Kalepa is set to enhance underwriting efficiency and excellence across Paragon's Workers' Compensation, Specialty Property, Small Construction and Contractors, and Auto Dealers programs through a new partnership.
CoverTree secures $13m in Series A to reshape home insurance sector
CoverTree, a pioneering InsurTech firm specialising in manufactured home insurance solutions, has announced the completion of a $13m Series A funding round.
Broker Insights unveils AI-enabled product to help insurers predict winning businesses
Broker Insights has launched a tool designed to improve efficiency for insurers by predicting the likelihood of winning business opportunities, empowering them to make informed decisions.
Back Market and bolt team up in the U.S. to enhance device protection
Back Market, a prominent marketplace for verified refurbished technology, partners with bolt, an industry leader in the InsurTech sector operating the largest technology-enabled P&C insurance exchange in the country.
Unum Group unveils new pet insurance offering
Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.
London-based InsurTech Eleos raises $4m to propel US expansion plans
London-based InsurTech firm Eleos has successfully raised $4m in a seed funding round, as it eyes an expansion into the US market.
WTW subsidiary Verita launches workers compensation coverage
Verita, a WTW subsidiary, has introduced a new workers’ compensation offering to enhance its portfolio of insurance products.
reThought Flood joins AAIS Partner Program to enhance US flood insurance coverage
The American Association of Insurance Services (AAIS), a prominent organisation in the insurance industry, has welcomed reThought Flood to the AAIS Partner Program.
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