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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 …
Arbol and Beazley roll out parametric climate risk management tool in US
A partnership between US-based climate risk solutions provider Arbol and insurer Beazley has introduced a range of specialist parametric weather …
Legal & General pays out record in retail protection in 2022
Legal & General paid out £883m ($1,092m), an average of over £2.4m a day, in retail protection claims in 2022, …
Modern Life expands insurance offering with Prudential
Life insurance brokerage Modern Life has announced a distribution agreement with Prudential Financial to provide an expanded range of products. Financial …
Allianz, AXA and SCOR exit NZIA amid antitrust violation allegation
Insurance majors Allianz, AXA and SCOR have exited the Net-Zero Insurance Alliance (NZIA), a global climate group for insurers convened …
Inszone acquires Citizens General Insurance Brokers
Inszone Insurance Services has purchased US-based Citizens General Insurance Brokers for an undisclosed sum. Established in 2011 by Philip McClendon, Citizens …
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 …
Global Atlantic and MetLife sign $19.2bn reinsurance deal
Insurance firm Global Atlantic Financial Group has entered a $19.2bn reinsurance deal with MetLife. The deal was signed between subsidiaries of …
Insly launches BrokerFlow software for brokers
Software provider Insly has launched BrokerFlow, a tool enabling brokers to digitise their sales workflow. This includes application forms, risk surveys, …
Sproutt utilises generative AI with its SmartLife platform
Life insurer Sproutt has introduced an AI engine to its SmartLife platform to modernise insurance for agencies, agents, and their …
Navacord boosts business with two Canadian insurance company deals
Canadian insurance brokerage Navacord has announced the strategic purchase of RWAM Insurance Administrators and Programmed Insurance Brokers (PIB) for an …
Cowbell boosts underwriting team ahead of expansion
Cyber insurance provider Cowbell has reinforced its underwriting team with additions to its UK and US arms. Claud Bilbao joins as …
Lexasure and AgriG8 partner to offer insurance to smallholder farmers in Indonesia
Lexasure Financial Group has entered a strategic collaboration with agri-fintech platform AgriG8 to provide Indonesian smallholder farmers with institutional finance …
Israeli authority grants licence to AI-based insurance company
Israeli Insurance Authorities has granted a licence to autonomous insurance company Choco Insurance, which is powered by artificial intelligence (AI). The …