All articles by Prasanna Gullapalli
Prasanna Gullapalli
Prismic Life completes $1.3bn capital raise to grow reinsurance platform
Including this latest round, Prismic has raised more than $1.5bn to date.
Markel rolls out Storage Tank Liability insurance via digital platform in Canada
The STL insurance is designed to protect against third-party claims arising from environmental risks linked to storage tanks.
Chubb unveils AI-driven optimisation engine for embedded insurance
The new functionality leverages AI to assess data and offer tailored insurance products at the point of sale.
Hexaware rolls out AI-powered insurance solutions for Google Cloud
This collaboration is geared towards enhancing digital transformation in the insurance industry by employing AI, automation and adaptable cloud-native frameworks.
Zelis teams up with Duck Creek to expand into P&C insurance sector
By integrating with Duck Creek’s Payment Marketplace and Orchestrator, Zelis aims to help P&C insurers facilitate rapid payments to their policyholders.
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India’s the Policy Exchange raises funds in Pre-Series B round
The new capital will be channelled towards upgrading technological capabilities and scaling up operations.
Aquarian Capital affiliate to buy Brighthouse Financial in $4.1bn all-cash deal
Upon completion, Brighthouse Financial will operate as a stand-alone company within Aquarian Capital’s portfolio.
insured.io, Silvervine Software collaborate on text-to-pay tools for insurers
Users of Silvervine’s platform will be able to utilise insured.io’s services, including the text-based insured.txt payment solution.
KKR eyes expanded role for insurance arm in India
In June, the insurance division marked its debut investment in India, providing $600m (Rs53.18m) in financing to Manipal Group.
ZestyAI broadens ZORRO Discover platform to cover P&C insurance lines
By utilising the platform, carriers have significantly minimised adverse selection and expedited regulatory approvals by as much as 50%.