Tag: insurtech

Riskcovry, a Mumbai-based InsurTech startup, has raised around $4.5m in a bridge funding round.

Majesco, a global provider of cloud insurance software solutions, has recently announced its acquisition of the Decision Research Corporation (DRC) business.

CoverForce, a pioneer in independent API for instant insurance quoting and binding, has teamed up with NowCerts, an innovative agency management system provider.

In the rapidly evolving landscape of InsurTech, a new game-changer has emerged: hx Renew. This cutting-edge platform is redefining how actuarial teams operate, offering...

ARMD, an InsurTech leading the way in serving the UK's tradespeople market, has teamed up with Sparta Insurance Services, a prominent wholesale broker distribution platform, specialises in connecting insurance products with brokers across the UK.

OneShield, a pioneer in core systems for the insurance industry, has recently announced a strategic partnership with Coforge, a leading global provider of digital...

Markel, an insurance operation within Markel Group Inc., has introduced a Specialty practice within its International Wholesale division.

In the world of insurance, the revolution spurred on by technology is not just reshaping the industry’s landscape, but also its impact on the planet. InsurTech companies are at the forefront of a sustainable revolution, steering the course toward a greener world. Through innovative practices and technological prowess, these firms are shaping a more responsible, environmentally conscious future, with impact investing at the heart of it.

A hard reinsurance market, though challenging, brings forth a unique opportunity for innovation and growth. Amidst the largest capital squeeze in reinsurance since 2008, the market faces reduced capacity, intensifying the need for fast, responsive, and precise pricing strategies as pivotal drivers of growth. Solutions such as Hyperexponential‘s hx renew are attempting to redefine this space, enabling effective pricing strategies and take ownership of the market.

American International Group, Inc. (AIG) has successfully concluded its secondary offering of Corebridge Financial, Inc. (CRBG) shares, generating approximately $712m.