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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 …

WTW to develop climate-resilient insurance tool with USAID funding

The US Agency for International Development (USAID) is set to fund global broker WTW’s climate-resilient insurance solution, which is designed …

Open acquires UK insurtech company SO-SURE  

Open, an Australian embedded insurance company, has announced the acquisition of UK-based insurtech company SO-SURE.  Financial terms of the transaction were …

US National Association of Insurance Commissioners appoints new CEO  

The National Association of Insurance Commissioners (NAIC) of the US, a standard-setting and regulatory support organisation, has named Gary Anderson …

BNP Paribas eyes Fosun’s stake in insurer Ageas 

BNP Paribas, a French banking group, is looking to buy Fosun International’s stake in Ageas, reported Bloomberg, citing sources.   The …

Sapiens to integrate Quantee’s pricing capabilities 

Insurtech company Sapiens International has teamed up with Quantee, a company specialising in AI-powered pricing platforms.   This collaboration, available globally, will allow …