Cape Town-based digital travel insurance distributor Hepstar has raised $2 million in seed funding to expand its global reach, accelerate its tech development and grow its brand. Founded in 2013, the...

The health insurer raised $400 million in an investment round led by Fidelity; a deal which values the three-year-old company at $2.7 billion. Cofounder Josh Kushner in response – “we have the...

“The Google Compare service itself hasn’t driven the success we hoped for” – Google Compare announces the shutdown of its insurance and financial products comparison service tool in US and UK...

Axa has partnered with Samsung in the development and launch of a telematics offering that includes a dongle and an app. Not clear whether the reward is pizza or cash back. Bottom Line: will be...

Insurance Australia Group is keeping busy with 1) a reverse auction site that allows consumers to access suppliers that, in turn, will compete for the business, 2) a vehicle-as-a-service offering aimed at tradespeople that...

Massachusetts-based weather startup Understory whose real-time, rooftop sensors detect how weather systems are impacting life on the ground, has raised nearly $7.5 million in new funding to grow its network of weather...

A new service designed to help small businesses research and buy cyber coverage. Underwritten by Delta Insurance in New Zealand.

Boston-based machine learning startup DataRobot raised $33 million to grow its global sales, marketing, business development, engineering, R&D, and strategic initiatives in Europe, the Asia-Pacific region, and the US. That’s a...

Chinese conglomerate Fosun has pulled out of its plans to buy a controlling stake (52%) in Israeli insurer Phoenix Holdings for $460 million. A setback for Israel’s largest energy company...

The Empire Life Insurance Company (Empire Life)  announced today it has signed an agreement with MetLife Expatriate Benefits to administer its new Voyageur Global Benefits program for expatriate medical, disability,...

Insurance Australia Group is planning to establish an investment fund that will operate within IAG Ventures to buy stakes in emerging growth companies. Think: big data applications, telematics and IoT. While they are...

“Reorienting our customers to the concept that what you’re really paying for is trust and confidence and it’s more about the relationship and what your coverages and options are than...

Italian insurer Generali has appointed chairman Gabriele Galateri di Genola as interim CEO after the departure of Mario Greco, aka ‘Super Mario’, who became the new CEO of Zurich. Fun Fact: non-executive member of...

Berkshire Hathaway’s National Indemnity, Everest Re, Hiscox, Munich Re, Transatlantic, XL Catlin and two additional unnamed syndicates at Lloyd’s of London have all agreed to reinsurer Lemonade, the world’s first peer-to-peer insurance company...