All articles by Satarupa Bhowmik
Satarupa Bhowmik
AUB to acquire 40% stake in UK’s Momentum Broker Solutions
The move marks a significant expansion of AUB’s retail broking footprint in the UK.
Appian, ReleasePoint enable life insurance underwriting automation
ReleasePoint’s solutions will be integrated with Appian’s Connected Underwriting Workbench for Life Insurance.
Inszone continues buying spree with Welcome Insurance Agency
Welcome Insurance offers insurance solutions for gas stations, restaurants, automotive shops, and religious institutions.
NSM takes over Strategic Underwriters International
SUI offers facultative casualty reinsurance across various lines, including automobile liability and general liability.
Jensten finalises acquisitions of Melville Burbage, Henry Seymour
The acquisition of the two insurance brokers contributes more than £20m ($25.56m) in gross written premiums (GWP) to the business.
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Core Specialty closes purchase of American Surety Company
The deal resulted in the formation of a Surety Division with two initial product lines, bail bonds and commercial surety bonds.
India’s Federal Bank and Tata AIA Life form bancassurance alliance
Federal Bank’s customers will have access to Tata AIA’s diverse portfolio of life insurance solutions.
Miller to acquire Spanish re/insurance broker Bruzon
Bruzon is engaged in structuring and placing direct and reinsurance risks.
Mosaic Insurance and Safe Security team up to launch new cyber facility
The initiative is set to offer up to $25m in capacity on a primary and first-excess basis.
Indian Insurtech CoverSure lands $4m pre-Series A funding
The investment will be used to bolster the company’s development of a consumer-centric insurance engagement platform.