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The decumulation market: the barriers and opportunities to future growth

Decumulation has brought high growth and high returns to many UK life insurers. Waheeda Narker, retirement & decumulation segment lead, …

Cover Genius bags $70m Series D amidst insurtech investment drop

Cover Genius has secured $70m in a new funding round at the same time as the rest of the insurtech …

Cost of living crisis hits insurtech startups as deals dry up

The cost of living crisis is to blame for insurtech deals running dry following the pandemic and we're all worse …

Ondo goes public with room for growth in home insurance incorporating water leak detection

Insurers have been slow to incorporate smart home devices into home insurance policies despite their ability to reduce the number …

By Miles eyes expansion as conditions are perfect for pay-per-mile insurance

UK-based pay-per-mile insurer By Miles is set to expand into Europe as it looks to make the most of how …

MetLife will be the worst hit life insurer in Ukraine owing to the ongoing political unrest

The full impact of the Russia-Ukraine war on insurers will not be known for some time, however, it is clear …

Russia’s Ingosstrakh will begin to feel the strain as it loses Generali and Western pressures mount

Growth Prospects of INGOSSTRAKH and Generali in the Region Generali has given up its seats on the board of Ingosstrakh, a …

Businesses increase the level of mental and physical wellbeing support to employees as awareness of both remains high

COVID-19 has brought a fundamental change, encouraging businesses to put more effort than ever into improving the wellbeing support offered …

Four insurtech trends to look for in 2022

Insurtech is a booming market, generating record levels of investment as funding surpassed $15m in the third quarter of last …

OCBC makes $1bn privatisation bid for Great Eastern  

Singapore-based Oversea-Chinese Banking Corporation (OCBC) has made a S$1.4bn ($1.03bn) offer to acquire the remaining shares of insurance company Great Eastern …

DoorSpace gains $2m in seed funding

B2B healthcare technology firm DoorSpace has secured $2m in its latest seed funding round. The funding will be allocated by DoorSpace …

Aurora partners AXA to launch new management liability policy 

UK-based digital commercial insurance platform Aurora has partnered with insurance major AXA to launch a new MLP.  According to Aurora, the …

Standard Chartered increases its carbon reduction initiatives

Standard Chartered has strengthened its commitment to reducing greenhouse gas emissions by announcing a focus on methane emissions reduction. This commitment …

American Coastal to sell insurance subsidiary to Forza Insurance 

American Coastal Insurance has signed definitive agreements to sell its subsidiary, Interboro Insurance, to Forza Insurance Holdings.  The financial terms of …