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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 …

Emerald Bay launches with Bain Capital investment 

Emerald Bay Risk Solutions, an underwriting carrier, has formally launched, aided by investment from Bain Capital Insurance.   The company, a programme specialist, …

US tightens rules on short-term health insurance 

The US government has announced new regulations to safeguard consumers purchasing short-term health insurance plans, which have been criticised for …

GIC closes reinsurance broker Miller buyout 

Singaporean sovereign wealth fund GIC has finalised the acquisition of Cinven's stake in specialist reinsurance broker Miller for an undisclosed …

Lloyd’s follow platform Ki forms capacity partnership with Beazley  

Digital and algorithmically powered Lloyd’s follow platform Ki has struck a multi-year alliance with Beazley, which will see the latter's capacity added …

Carbon credit insurer Oka raises $10m in funding  

US-based Oka, The Carbon Insurance Company, has secured $10m investment to fuel its next phase of expansion.   Investors including Aquiline Capital Partners, …