All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
APRIL Group bolsters foothold in China
APRIL Group has tapped its long-term partner AIG to grow its operations in China.
Canara Bank gets RBI approval for stake sale in insurance, MF ventures
The bank must comply with the government’s exemption and reduce its stake in these entities to 30% by 31 October 2029.
US insurtech company Sola garners $3.7m in funding
The fundraise was led by FINTOP Capital, with participation from Overline, 10vc, Karuna VC and insurance industry executives.
Pen Underwriting joins Flood Re’s Build Back Better scheme
From 1 January 2025, new and renewing home policies with Pen Underwriting will automatically include the Build Back Better scheme.
Luma forges alliance with Advantage Insurance Network
This collaboration will see the integration of Luma’s technology into AIN Essentials via a single sign-on environment.
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VIU by HUB expands with Insuritas acquisition
Insuritas CEO Jeff Chesky, COO Dave Grimson, CMO Donna Jermer and their team will join VIU.
Trucordia ties up with Vertafore to streamline operations
Over the past 14 months, Vertafore has assisted Trucordia with more than 100 completed agency systems migrations.
ACORD Solutions, Ping partner to enhance underwriting efficiency
The move aims to process all ACORD Forms, including SOVs 140 and 125 in the US property and casualty (P&C) industry.
Magma HDI enters insurance partnership with Mahindra Finance
This alliance is in line with the Indian insurance industry’s goal of achieving ‘Insurance for All by 2047’.
Generali to offload Philippines unit to Insular Life
The deal aligns with Generali’s plan, Lifetime Partner 24: Driving Growth, which includes a focus on its established markets.