Backed by Elefund, Fremont Group, Human Capital, and other investors, the Embedded Insurance® technology company is expanding its platform.
Prudential Financial, has formally launched its first fund with $300 million in capital to invest in emergent technology startups in North America, Europe, Japan, Singapore and Australia.
To date, the company has predominantly enabled non-insurance players such as fintech players Numbrs and Revolut and consumer electronics giant Samsung to offer phone insurance.
Montymarq specializes in business, professional and affinity risks in Spain.
Travelers announced that it has agreed to acquire InsuraMatch, a digital independent insurance agency, from the Plymouth Rock Group of Companies. The transaction, which is subject to customary closing conditions, is expected to close in the first quarter of 2021. Terms were not disclosed.
The company connects individuals to certified labs offering a suite of validated lab tests including Cholesterol, Heart Health, Fertility, STIs, Lyme Disease, Testosterone, Thyroid and more.
Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and the associated investment management.
The company's drugs target and release therapeutic enzymes inside cancer cells to reduce systemic toxicity associated with conventional chemotherapy treatments, enabling patients to receive safe and effective treatment for life-threatening diseases.
Allianz is expanding its presence in Australia.
TypTap Insurance Company, a wholly owned subsidiary of HCI Group, announced that annual recurring revenue surpassed $100 million.
Slack will continue to be led by CEO Stewart Butterfield.
Boston Mutual Life's history with Onyx Data Solutions dates back almost five years. In 2016, the national life insurance carrier engaged the organization to help develop an overall approach that would support the company's strategic plan.
The company recently announced the launch of Richr One, a one-stop-shop service that combines Richr, Richr Title, Richr Insurance and soon Richr Loans.
ServiceNow expects to complete the acquisition in early 2021.
The transaction is subject to regulatory and antitrust approvals customary for transactions of this nature and is expected to close in the second half of 2021.
