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Asian InsurTech Lexasure Financial Group to go public via SPAC
Lexasure Financial Group, provider of reinsurance and digital insurance solutions in Southeast and South Asia, has signed an agreement to go public via special merger acquisition company (SPAC) Capitalworks Emerging Markets Acquisition (CEMAC).
FOXO Technologies goes public
FOXO Technologies, a technology company applying epigenetic science and AI to modernise the life insurance industry, has completed its special purpose acquisition (SPAC) with Delwinds.
RT Specialty announces swathe of leadership team appointments
RT Specialty, a leading wholesale distributor of specialty insurance products and services, has announced several leadership team appointments effective October 1, 2024.
Akur8 lands $120m in Series C to enhance its next-gen actuarial platform
Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.
Akur8 acquires Arius from Milliman to enhance its actuarial capabilities
Akur8, the next-generation insurance pricing solution, has announced its acquisition of Arius®, an award-winning property and casualty (P&C) reserving software.
CeresAI secures Series D funding to drive AI-powered growth
CeresAI, a data and analytics provider, has completed a Series D funding round led by Remus Capital, as it looks to help lenders and insurers reduce farming risks through advanced technology.
Six ways tech is revolutionising M&A for insurers
Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
Howden, FullCircl team to boost client experience and streamline compliance costs
Howden, a global insurance intermediary group, has joined forces with FullCircl, a software provider specialising in accelerating growth for insurance brokers while embedding compliance seamlessly.
Cowbell appoints Zurich’s Stephen Moss to board
Cowbell, a leading provider of cyber insurance for small and medium-sized enterprises (SMEs), has announced the appointment of Stephen Moss, an insurance industry veteran, to its Board of Directors.
BNP Paribas in negotiations to acquire AXA Investment Managers for €5.1bn
BNP Paribas is in exclusive negotiations to acquire 100% of AXA Investment Managers, AXA‘s asset management arm, for €5.1bn.
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