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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 …
Signal: BMS boosts footprint with double deal
The deal UK-based specialist insurance and reinsurance broker BMS Group has completed the acquisition of Canadian insurance brokers Smith & Reid Insurance Brokers …
Insurtech bolttech gains record breaking funding
In its Series B funding round, bolttech gained $50m from LeapFrog. The round now totals $246m, the largest ever Series …
Legal & General agrees buy-in with Cable and Wireless Superannuation Fund
As a result, Legal & General have secured the benefits of around 1,800 retirees and deferred members through the Cable …
QBE names Julie Wood as CEO of North America business
Australia-based QBE Insurance Group has named Julie Wood as the CEO of its North America business. Wood joined QBE in January 2023 as …
Corvus Insurance and Travelers expand cyber underwriting deal
Artificial intelligence-powered cyber underwriter Corvus Insurance has expanded its partnership with personal, business and speciality insurance provider Travelers. As per the latest cyber underwriting deal, …
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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 …
Authentic secures $5.5m funding to introduce new insurance platform
Turnkey insurance company Authentic has secured $5.5m in funding during its seed financing round to launch a new insurance platform, …
Chubb’s lithium-ion battery risk consortium is good news for net-zero supply chains
Chubb has launched a new Lloyd’s of London consortium intended to provide coverage for risks associated with the transit and …
Oona Insurance and InsureMO partner to digitalise SEA insurance sector
Oona Insurance has forged a partnership with insurance middleware platform InsureMO to expedite digital transformation in the insurance sector of South-East Asian …
Brown & Brown (Europe) to acquire UK MGA Occam
Brown & Brown (Europe), a unit of US insurer Brown & Brown, has reached an agreement to buy UK-based Occam Underwriting. Brown & …
Motor insurance exits due to rising claims will lead to less choice for consumers
Vitality is the latest UK insurer to exit the motor insurance market due to soaring claims costs after RSA left …
Arthur J Gallagher to acquire Eastern Insurance Group for $510m
US-based Arthur J Gallagher & Co has agreed to acquire Eastern Insurance Group, a subsidiary of Eastern Bank, for a …
Signal: Insurance filings interested in the Global Macro Outlook
Global Macro Outlook was the biggest theme mentioned across insurance filings in August 2023. In the first week of the …