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Verlingue bolsters employee benefits division with Brunsdon buy
Insurance brokerage company Verlingue is set to strengthen its employee benefits division by purchasing Brunsdon Employee Benefits.
AXA to purchase Laya Healthcare from AIG for €650m
AXA has revealed that it has entered into an agreement to purchase Laya Healthcare from Corebridge Financial Inc., a subsidiary of InsurTech giants AIG.
InsurTech firm Mosaic secures strategic growth investment
Specialty insurer, Mosaic Insurance, has secured strategic investment from two prominent US growth-capital providers.
Although the exact amount of investment hasn't been disclosed, the agreement...
InsurTech disruptor Modives secures $3m in seed round
Modives, an InsurTech start-up, is aiming to improve the arduous process of insurance verification for property managers and auto dealers.
Tractable secures $65m in Series E to revolutionise InsurTech with AI
Tractable, an established leader in the application of artificial intelligence (AI) to assess the condition of cars and properties, has just announced its latest fundraising success.
Distributed Ventures earmarks $100m for InsurTech, FinTech, and HealthTech investments
Early-stage venture capital firm, Distributed Ventures, has just made a big splash with the conclusion of its initial fund under the company's name. This firm, with its focus on InsurTech, FinTech, and HealthTech ventures, is making waves in the sector with its innovative approach to early-stage investments.
Certificial reels in $15m in latest funding round led by Nyca Partners
Certificial, creator of the Smart COI Network, pioneers in the field of business insurance monitoring, have confirmed the acquisition of $15m of funding led by Nyca Partners.
InsurTech firm Sigo Seguros secures $5.1m in a pre-Series A funding round
Sigo Seguros, a rapidly expanding InsurTech company renowned for its Spanish-first approach, delivers auto insurance services predominantly for immigrant and working-class communities.
Marsh McLennan’s Guy Carpenter Secures Israeli Market with Re Solutions Purchase
Guy Carpenter, a global leader in risk and reinsurance solutions and a Marsh McLennan business, has announced the completion of its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel. Details of the transaction were not disclosed.
AI insurer Lemonade partners with General Catalyst to accelerate growth through Synthetic Agents
New York-based Lemonade, an AI-powered InsurTech firm with a strong emphasis on social impact, recently announced a significant partnership with General Catalyst (GC), a reputable venture capital firm and one of Lemonade's initial backers.