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Allianz in European Reliance take-over in Greece
International insurer Allianz SE is to acquire 72% of Greek insurer European Reliance General Insurance Company, as it looks to grow its franchise.
InsurTechs favour alliances over M&A, KMPG reveals
KPMG latest Pulse of FinTech report has suggested that a lack of M&A activity globally could reflect greater concerns about InsurTechs with high valuations that have not yet generated positive returns.
CCC in Safekeep take-over for subrogation automation
CCC Intelligent Solutions (CCC), an SaaS platform for P&C insurance, has acquired InsurTech Safekeep.
Generali in €435m deal as it expands French foothold
Italy’s Generali is to acquire insurance company La Médicale as it looks to expand its health and protection lines and the overall property & casualty (P&C) business in France.
Luko and Akur8 in pricing alliance
InsurTech Akur8 is collaborating with France-based neo-insurance company Luko to strengthen Luko’s pricing process.
Tint secures Series A to empower tech platforms to become insurers
Tint, the platform that aims to empower companies to protect their end-users through embedded insurance products, has raised $25m in Series A funding.
Pacific Lake backs OneShield
OneShield Software, a provider of core software solutions to property and casualty insurance companies, has received a $50m follow-on investment.
Looking ahead: key InsurTech trends in 2022
With 2022 in full swing, the InsurTech industry is already heating up. FinTech Global asked industry experts what their predictions are for the year ahead.
InsurTech Pie launches pay-as-you-go billing solution
Pie, a tech-enabled provider of worker compensation insurance to small businesses, has launched a pay-as-you-go billion solution.
AFG acquires InsurTech Verikai in $120m deal for its AI solutions
Insurance holding company American Financial Group (AFG) has acquired Verikai, a machine learning and artificial intelligence (AI) company, in a $120m deal.
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