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Aviva acquires AIG’s UK protection business for £460m
Aviva has announced the acquisition of AIG Life Limited from Corebridge Financial, Inc., a quoted subsidiary of AIG, for £460m.
Gallagher acquires Ace Commercial to strengthen transportation market presence
Arthur J. Gallagher & Co has acquired Ace Commercial Insurance Center in a significant move designed to bolster its position in the competitive transportation market.
Why 89% of UK insurers demand a revolution in pricing technology
In the evolving landscape of insurance, there is a stark need for adaptation. The rampant shift towards digitalisation has impacted the very core of how insurers operate, but the data-driven wave hasn't been smooth sailing. Underwriters and actuaries, key players in the industry, voice discontent with contemporary processes.
How Ascent is helping insurers and reinsurers boost profitability
Founded in 2005, Ascent has a key mission: help insurers and reinsurers become
more profitable by accelerating their ability to transact. We recently spoke to CCO
George Earp and Principal Architect Konrad Pfeffer to find out more.
Why personalisation is imperative for P&C insurers
Mounting competition and soaring customer expectations are turning the ability to deliver personalised messages, offers, and experiences at scale into more than just an unprecedented opportunity for P&C insurers. It could soon become a strategic imperative for any carrier seeking to gain a significant share over rivals.
McGriff acquires Alternative Risk Resources
Full-service retail insurance broker McGriff has announced that it has acquired Alternative Risk Resources (ARR), as it looks to expand its presence in the captive insurance market.
Compre acquires Irish subsidiary of Covéa
International legacy group Compre, has acquired Medical Insurance Company DAC (MIC), the Irish subsidiary of Covéa.
Tysers steps up broking game with the launch of Tconnect platform
Tysers is launching its novel broking platform - Tconnect. This strategic move positions Tysers at the forefront of broking innovation.
Irish FinTech powerhouse Fineos secures $40m in latest funding round
Irish FinTech company, Fineos, primarily known for its prowess in the insurance software segment, has impressively clinched a $40m investment to fortify its financial foundation.
HDFC ERGO partners with Duck Creek for India expansion
Insurance firm Duck Creek Technologies has recently announced its foray into the Indian general insurance market.