All articles by Shivam Mishra
Shivam Mishra
AI-powered insurance solutions provider Simplifai garners funding
Simplifai’s InsuranceGPT is said to be the industry’s first insurance-specific generative AI (GenAI) technology.
Ardonagh enters $1.5bn deal to buy Australia’s PSC Insurance
PSC manages operations across Australia, Bermuda, Hong Kong, Ireland, New Zealand, the UK and Vietnam.
Honeycomb Insurance raises $36m to enhance AI technology and reach
The company leverages AI-driven technology to provide granular risk management and underwriting at the individual building level.
Truist concludes sale of US insurance unit to Stone Point and CD&R
The all-cash deal, which was first announced in February, places the enterprise value of the insurance broker at $15.5bn.
MPCH teams up with Canopius to offer insurance for crypto assets
The insurance covers potential losses or damage to the physical security measures that could render the crypto assets irrecoverable.
Investor consortium acquires 85% stake in Filipino insurer MAAGAP
This move is aimed at enhancing non-life insurance coverage for small businesses and vulnerable households in the Philippines.
AXA XL introduces new cyber insurance endorsement for US public companies
The new product covers the costs associated with investigating a breach, including legal fees necessary for compliance and disclosure of the incident.
Zurich Malaysia signs bancassurance partnership with GXBank
The digital lender will leverage technology to identify customer pain points and collaborate with Zurich Malaysia to develop digital insurance solutions.
Canadian broker Westland acquires Dupuis Langen Group
Located in Richmond, British Columbia, Dupuis Langen Group specialises in community social services and unionised employers.
AXA enters home insurance partnership with HKBN
It aims to offer an all-in-one solution that includes dual guarantee for home broadband, network security, and asset protection.