Viridium to purchase Zurich’s German life insurance back book
Viridium, which specialises in managing life insurance portfolios, has reached an agreement to buy Zurich Insurance Group’s (Zurich) life insurance…
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E-mobility insurance company Laka secures additional funding
UK-based e-mobility insurance company Laka has received new funding from Porsche’s venture capital arm Porsche Ventures. The additional funding brings…
PIB Group to acquire Sullivan Insurances to expand Irish footprint
PIB Group has reached an agreement to acquire Sullivan Insurances (Limerick) to further strengthen its presence in Ireland. The financial…
Betterview introduces Hurricane Risk Insights for P&C insurers
US-based insurtech company Betterview has introduced Hurricane Risk Insights solution for property and casualty (P&C) insurers amid a surge in…
Mercado Pago forays into life insurance in Brazil
Argentina-based MercadoLibre’s fintech unit Mercado Pago has introduced its life insurance service in Brazil, reported Reuters. The e-commerce company plans…
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Insurtech startup Ledger Investing raises $75m in Series B round
US-based insurtech startup Ledger Investing has raised $75m in Series B funding round that was led by strategic investor WestCap.…
Alacrity Solutions acquires Property Damage Appraisers
Insurance claims management services provider Alacrity Solutions Group has announced the acquisition of Property Damage Appraisers (PDA). Financial terms of…
Physicians Mutual introduces pet insurance with Majesco’s P&C Core Suite
Omaha-based Physicians Mutual has launched Physicians Mutual Pet, a pet insurance, with cloud-based insurance platform Majesco’s P&C Core Suite. Physicians…