All articles by Shivam Mishra

Shivam Mishra

Loadsure partners KoiReader to improve claims processing 

KoiReader Technologies is a specialist in autonomous optical character recognition (OCR) artificial intelligence (AI) technology.

Lockton appoints new EVP of operations 

In his new role, Steven Goldenberg will collaborate with the global executive team to spearhead strategic initiatives. 

Truist Financial nears deal to divest majority stake in insurance brokerage business  

The deal, which could be announced shortly, is said to value the asset at around $15bn.  

Swiss Re’s net income soars 581% in 2023 

The results were bolstered by improved underwriting margins and a boost in investment income due to higher interest rates. 

India’s Policybazaar secures composite insurance broker licence 

This upgrade from a direct insurance broker will allow the company to offer reinsurance products in addition to its existing general and life insurance services. 

Zinnia to buy Ebix’s life and annuity assets 

This move is expected to position Zinnia as a leading technology partner in the life and annuity (L&A) industry. 

Specialty insurer Tokio Marine Kiln names new CEO 

Shaw, who has been Tokio Marine Kiln’s (TMK) chief underwriting officer since 2020, will assume the new responsibility on 1 April 2024.

KYND raises funds from Verisk and BGF to develop cyber risk technology 

The company’s offering is used by key insurers and brokers including Beazley, Howden and Alliant.

QBE 2023 post-tax net profit soars 131%  

The insurer’s gross written premium rose to $21.74bn (A$33.44bn) from $19.99bn in 2022.  

Achmea in discussions with NN Group, Athora over life unit sale 

The business could be valued at more than €2bn ($2.15bn), with Achmea having engaged JPMorgan to assess market interest.