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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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…
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…
Businesses are concerned by sustainability issues but do not factor this in when choosing policies
An insurer’s record on sustainability is important to SMEs. But when it comes to choosing policies, it is still the…
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Bupa UK extends digital health services deal with Babylon
Digital healthcare provider Babylon and health insurer Bupa have extended their collaboration for three more years. The deal will allow…
Aaliance partners with Alibaba, Tencent to enter health insurance space
Aaliance Insurance, the digital insurance business of ETAO International, has joined forces with Alibaba and Tencent to expand into the…
Cyber risk MGA Resilience expands global footprint with UK launch
US-based cyber risk company Resilience has expanded its global reach by launching a new operation in London to serve the UK market. …
Nordic Launches Ultra-Low Power Dual-Band Wi-Fi 6 Companion Chip
Concept: Norway’s semiconductor company Nordic Semiconductor (Nordic) has launched an ultra-low power dual-band Wi-Fi 6 companion chip called nRF7002. The…