Bart Hedges, chief executive of Greenlight Re will be stepping down effective March 31, 2017. Not clear whether Hedges was pushed out or pulled into a new venture. Recall: Greenlight Re is...

“Haven’t found the love of your life on Tinder yet? We feel you” – SoFi’s opening line for one of its invitation only singles event. Turns out SoFi’s dating events...

Guidewire Software announced its plans to acquire ISCS. Think: one software provider plus one more software provider targeting P&C insurers. Recall: Guidewire was recognized as a 2016 Best Place to Work in the...

Pennsylvania-based Donegal Insurance and New Mexico-based Mountain States announced their merger. Donegal Mutual gets to keep the name, which is quite a shame given it’s the one where senior management thinks anyone is replaceable....

Toronto-based insurance group Fairfax Financial has agreed to buy Swiss insurer Allied World for $4.9 billion cash-slash-stock deal. Most view this as the formation of a P&C reinsurance and insurance leader. One (think: Fairfax...

Fairfax Financial Holdings Limited and Allied World Assurance Company Holdings, AG are pleased to announce that they have entered into a merger agreement (the “Agreement”), pursuant to which Fairfax will...

Kuala Lumpur-based Pixelated, which owns the brand KATSANA announced it has raised $893,000 in a seed round . The two-year-old company targets auto insurers with a telematics platform called KATSANA...

The Spanish equivalent of Knip, aka Coverfy, announced it has raised €750,000 in a round led by K Fund . The startup, which was launched earlier this year, offers a mobile app...

“India will be the last one to get autonomous cars!” – Uber CEO Travis Kalanick from India, where he announced his plans to launch a motorbike-sharing service called UberMoto. Speaking of Uber, voice...

P&C insurer Youi has been fined $320,000 due to clever-slash-misleading sales techniques. Imagine telling customers payment intel is required in order to obtain an insurance quote. Then imagine customers paying...

Munich Re’s Ergo will stop offering new life insurance policies in Belgium because of falling profits . Why falling? Because of low interest rates and intense competition from banks and...

Rapid Launch of Majesco Policy for commercial package with ready to use ISO content in Majesco CloudInsurer Morristown, NJ –December 15, 2016 – Majesco (NYSE MKT: MJCO), a global provider...

The ‘microinsurance as a service’ startup known to some as Stonestep announced it has raised $4 million in a Series A round from XL Innovate. The four-year-old startup partners with corporations in emerging...

Today, Stonestep, the pioneering company offering Microinsurance as a Service, announced it has secured $4M in Series A funding from XL Innovate, a leading insurtech venture fund. This financing allows...