All articles by Vidyasagar Maddela
Vidyasagar Maddela
Fidelis Partnership launches alternative risk transfer MGA Carnovis
Carnovis will provide structured reinsurance solutions from December 2025 to help clients manage volatility and optimise capital.
FSB adds three Swiss insurers and one Dutch insurer to resolution plan list
The FSB’s updated list now includes 17 insurers, up from 13 last year.
Aviva Ventures invests in insurance automation provider Indico Data
Aviva’s chief innovation officer, Arslan Hannani, will take a seat on Indico’s Board of Directors as a board observer and advisor.
Haven and Altaline acquire Saratoga Compliance Solutions
Saratoga Compliance Solutions has been formed via the combination of 3H Compliance Group and National Licensing Compliance Group.
Wright Flood to acquire Poulton Associates
The acquisition is expected to strengthen Wright Flood’s position as the “largest” flood insurance provider in the US.
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Insurtech company Exzeo targets $2bn valuation in US IPO
The company aims to raise around $176m by issuing eight million shares priced between $20 and $22 each.
Gradient AI, Connexure partner to enhance risk management workflows
This collaboration combines Gradient AI’s Risk Management Life Cycle Solution with Connexure’s ESLoffice platform.
QuoteWell secures $12m in funding to expand its AI platform
The funding round aims to expand the company’s producer footprint and enhance its proprietary AI-driven platform.
Socotra launches AI-driven tool for insurance product development
The new AI tool aims to reduce product development times by up to 50%, costs by 75% and prototype iteration time by 90%.
Abacus acquires life insurance brokerage services provider AccuQuote
This acquisition will integrate AccuQuote’s digital distribution capabilities with Abacus’ expertise in financial planning and asset management.