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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
Generali has given up its seats on the board of Ingosstrakh, a leading Russian general insurer in which it owns …
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 …
BMS Re appoints new US COO to scale operations
BMS Re, the specialty reinsurance division of broking group BMS, has appointed John Canavan as the new COO for the …
Swisscom launches switch-on insurance range
Swisscom has expanded its insurance offerings with a new range of 'switch-on' insurance products, in collaboration with key insurance companies. The …
Cytora bolsters board with Aon senior executive
Cytora has announced an addition to its global advisory board as commercial insurance veteran James Platt joins. Adding Platt to the …
PCF Insurance rakes in $400m debt to finance M&A
US insurance intermediary PCF Insurance has closed a $400m incremental debt financing round, led by global alternative asset manager Blue Owl. This …
Insurtech Igloo expands insurance in Vietnam with new tie-ups
Singapore-based insurtech company Igloo has entered alliances with several financial services providers to expand insurance coverage in Vietnam. As part of the …
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
Generali has given up its seats on the board of Ingosstrakh, a leading Russian general insurer in which it owns …
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 …
AI insurtech PeppercornAI gains £3.25m in funding round
Insurtech PeppercornAI, which utilised conversational technology, has raised £3.25m ($4m) in its latest funding round. The funding, of which Wealth Club …
Chubb registers 13% rise in Q1 net income
Chubb has reported net income of $2.14bn in the first quarter of 2024 (Q1 2024), a 13.3% increase from $1.89bn …
PIC launches Mosaic for small schemes
Pension Insurance Corporation, PIC, has launched a streamlined service, Mosaic, for small pension schemes looking to complete a buyout. Mosaic offers …
Jensten acquires Robert Gerrard & Co
Jensten is set to boost its scheme and affinities arm with the acquisition of Robert Gerrard & Co. The deal, which …
Allianz partners with Clearspeed to enhance fraud detection in UK
Allianz has formed a partnership with Clearspeed to bolster its fraud detection capabilities and expedite the processing of legitimate customer …
MS Amlin partners Moody’s RMS to boost risk modelling capabilities
UK reinsurance company MS Amlin has entered into a partnership with Moody's RMS to enhance its exposure management and modelling …
Marsh McLennan Agency to buy FBBINSURANCE for $315.9m
Marsh McLennan Agency has agreed to acquire Fisher Brown Bottrell Insurance (FBBINSURANCE) from Trustmark National Bank in an all-cash deal …