Tag: Life insurance

Global reinsurance leader Gen Re and multinational technology firm CME have partnered in a bid to launch a fully digital underwriting solution for the life insurance industry for the MENA and East Mediterranean countries.

HSBC, the global banking giant, has clinched a new Guinness World Record with the sale of the most valuable life insurance policy in history, valued at a staggering $250m. 

Berlin-based Embea has successfully concluded its seed funding round, securing a remarkable €4m. This round saw the participation of leading investors including Atlantic Labs, a...

Ethos, the leading online life insurance provider has recently appointed Vijay Ratnam as its India Managing Director, as the firm looks to expand its presence in the nation.

Transamerica has announced a strategic partnership with digital life insurance startup Bestow Inc., in a bid to enhance its financial protection offerings.

Life-insurers, like any other segment of the InsurTech sector, have to face the ever-growing impact of technological evolution in the field. 

Meanwhile, a unique life insurer that operates solely in cryptocurrency, has announced that it has raised around $19m across two seed funding rounds.

M Financial Group, a financial service design and distribution company, and global insurer Pacific Life have tapped Verisk to build a new life insurance product.

Swiss InsurTech company dacadoo has licensed its Risk Engine solution to Japan-based Daido Life, for the development of the new product, KENCO+.

Digital life insurance startup DeadHappy has reportedly scored $15m in its latest funding round.