Sector Updates

MercadoLibre shoppers can buy life insurance “as easily as toothpaste”

MercadoLibre, an Argentinian-based e-commerce company, has partnered with Brazil-based Prudential International Insurance to offer life insurance products to its shoppers via the Mercado Pago platform.

Cyber InsurTech Coalition lands $250m

Coalition, a cyber insurance provider, has raised $250m in Series F funding, propelling it to a $5bn valuation.

Cowbell Cyber and Palomar double-down amid explosive cyber insurance demand

Cowbell Cyber, provider of cyber insurance for small and medium-sized enterprises (SMEs), has expanded its agreement with Palomar Excess & Surplus Insurance Company to double underwriting capacity.

India’s public sector insurer NICL enlists Cognizant for digital transformation

National Insurance Company Limited (NICL), a public sector insurer in India, has selected Cognizant as a technology provider to accelerate the company’s digital transformation.

Indonesian InsurTech Rey Assurance rakes in $4.2m

Rey Assurance, an Indonesia-based integrated health, life and critical illness InsurTech, has raised $4.2m in seed funding.

AFR deploys Verisk’s solution to streamline claims

American Farmers & Ranchers Mutual Insurance Company (AFR Insurance) has adopted global data analytics provider Verisk’s property claims-handling solutions, as part of its efforts to improve claims handling workflows.

GloveBox secures $5.5m for its insurance client experience platform

GloveBox, a client experience platform for insurance agents and carriers, has raised $5.5m in Series A funding.

Paris InsurTech Orus lands €5m for business insurance

Paris-based InsurTech Orus has raised €5m in funding for its mission of reinventing professional insurance.

YuLife rakes in $120m from Series C raise

YuLife, an InsurTech firm, has raised $120m from a Series C funding round headed by Dai-ichi Life Insurance Company.  

Air Doctor: How to brace for impact in the travel industry

In an economic climate characterised by rising prices, particularly gas, in part arising from the Russia-Ukraine conflict, as well as a tentative recovery from the pandemic, how can those in the travel industry, including insurers, prepare?

News Stories

Marsh launches Stratus, $10bn digital infrastructure cover

Marsh launches Stratus, $10bn digital infrastructure cover

Marsh, the global risk, reinsurance, capital, people and investment and management consulting group, has introduced Stratus, a property insurance exchange built to address the...
Inszone Insurance acquires Aviza Insurance Agency

Inszone Insurance acquires Aviza Insurance Agency

Inszone Insurance Services, a fast-growing national provider of commercial, personal, and benefits insurance, has acquired Aviza Insurance Agency, a long-standing Michigan agency known for...
Hippo grows homeowners insurance reach to 22 US states

Hippo grows homeowners insurance reach to 22 US states

Hippo Holdings, a technology-native insurance group that diversifies risk across personal and commercial lines through its carrier platform, has confirmed plans to widen the...

CAM Group picks NeoXam GP4 to modernise accounting

NeoXam, a global provider of software solutions spanning data management, investment accounting, portfolio management, valuation, reporting and reconciliation, has been chosen by CAM Group,...
Corgi and Trucker Path launch route-data cover

Corgi and Trucker Path launch route-data cover

Corgi Insurance, a full-stack commercial insurance platform, and Trucker Path Insurance, the insurance arm of the widely used trucking navigation app Trucker Path, have...
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