Swiss Re acquires equity stake in Verily to expand in health and life space
Reinsurance giant, Swiss Re has acquired an equity stake in Verily by exchanging its investment in Granular Insurance Company (Granular). Following the exchange, Granular…
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M&T Bank to sell M&T Insurance Agency to Arthur J Gallagher
American bank holding company M&T Bank has signed a deal to sell M&T Insurance Agency (MTIA) to insurance brokerage Arthur…
Acrisure continues acquisition spree with CRK Commercial Insurance purchase
American insurance broker Acrisure has expanded its footprint in the UK by acquiring CRK Commercial Insurance Services, which specialises in…
Blockchain-powered reinsurer Re enters market with $14m seed fund
Re, a US-based blockchain-powered reinsurer, has announced its launch with a seed funding of $14m. It was in incubation under…
One80 Intermediaries snaps up insurance agency C&M First Services
One80 Intermediaries purchased C&M First Services, a brokerage firm that focuses primarily on Asian American businesses in the US. The…
Lincoln Financial partners with Modern Life to expand distribution reach
Lincoln Financial Group has teamed up with Modern Life, a tech-enabled life insurance brokerage, to augment the distribution of its…
Life insurtech platform Inclined raises $15m in Series A
Life insurtech firm Inclined Technologies has raised $15m in a Series A funding round led by HSCM Ventures. The round was also…
Travelers Insurance, Google Cloud join hands to create new data ecosystem
US-based property and casualty insurance firm The Travelers Companies and Google Cloud are working to create a cloud-based data ecosystem to enhance the commercial underwriting process. …