Sector Updates

Prudential Financial acquires Assurance in deal worth $2.35bn

Prudential Financial has agreed to health and financial wellness solution Assurance in a deal worth $2.35bn.

Getsafe closes Series A on $17m, already eyeing next funding round

Germany-based InsurTech platform Getsafe has closed its Series A funding round on $17m, with plans to raise more funds this year.

Octo Telematics partners with SAS to improve insurance insights

Data analytics solution for auto insurance Octo Telematics has partnered with fellow analytics solution SAS to improve property and casualty (P&C) insurance carriers’ capabilities.

MetLife looks to partner with 16 startups through new event

MetLife is hosting its firth ‘ignition’ summit where it will explore potential partnerships with 16 startups.

Avinew acquires safe driving analytics platform Betterdrive

Autonomous and semi-autonomous vehicle insurance company Avinew has acquired fellow auto insurance company Betterdrive.

InsurTech startup Westhill closes Series A round from Eos

Westhill, a digital solution provider for the property and casualty insurance space, has closed its Series A round on an undisclosed amount.

Avail Finance said to close $9m Series A

India-based employee financial health app Avail Finance has reportedly raised $9m in its Series A round. Matrix Partners India, an early-stage investment firm, led the...

CoverWallet extends deal with Aon to serve clients in Australia

InsurTech 100 company CoverWallet has extended a commercial agreement with Aon to service clients in Australia.

Employee health insurance app yulife bags $10m Series A

Life insurance startup yulife has closed its Series A round on $10m to support its ability to reward policyholders for living healthy.

Tax software provider Sovos completes two acquisitions

Global tax software provider Sovos has acquired e-invoicing solution Foriba and tax solution Eagle Technology Management (ETM).

News Stories

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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