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Target Global leads $42m round for Zego

European venture capital firm Target Global has led a $42m Series B funding round for London-based InsurTech Zego. This latest round brings the company's total raised...

PolicyStreet receives approval from Bank Negara Malaysia to offer financial advice

Malaysian InsurTech startup PolicyStreet has reportedly acquired financial advisor approval from the Bank Negara Malaysia (BNM). With this certificate, the company will be able to...

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.

Insurers need to move away from just a contract and provide a real service

Building an on-demand insurance solution which provides a service rather than a ‘contract’ is how the space will evolve, according to a panel at the Global InsurTech Summit 2019.

Vertafore acquires VUE to improve distribution management

Digital insurance software provider Vertafore has acquired VUE Software to establish a more powerful insurance distribution management platform.

Urban Jungle closes seed on £2.5m following angel support

Insurance startup Urban Jungle has closed its seed funding round on £2.5m following support from high profile angel investors.

Partnerships are just expensive experiments if both sides are not certain the deal is...

Partnering with InsurTechs can be an expensive experiment, so it’s integral to ensure it’s the right fit for both the company and insurance firm,...

Admiral teams up with Oakley Capital to back two Spanish InsurTechs

British insurance major Admiral has partnered with European buyout house Oakley Capital to buy two digital insurance brokers Rastreator and Acierto. The firm is set to...

CLARA analytics launches AI-based risk management tool

Californian InsurTech CLARA analytics has unveiled a new AI-based toolkit to assist risk managers in evaluating insurance claims. CLARA’s Risk Management Toolkit can be used to...

Automation software developer Decisions pulls in $40m from Aldrich Capital

No-code business rule and process automation platform Decisions has pulled in $40m in funding from Aldrich Capital.

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