The effort frames insurance anxiety on a spectrum, from mild to severe.
The collaboration brings MGT’s "proprietary AI-driven underwriting and pricing platform" to select risks in the Excess & Surplus market.
MTech Capital participated in the round.
The deal also establishes a long term strategic pension risk transfer partnership between Meiji Yasuda and Legal & General.
The company repurchased about $250 million of shares in Q4 and ended the year with roughly $1.3 billion remaining under its repurchase authorization.
Plum is expanding its offering with worldwide travel protection.
The new capital will support continued expansion of Indigo’s AI-powered underwriting and distribution platform.
The company says that this tool is among the first reasoning-based GenAI quote-generating engines in the U.S. life insurance market.
Empathy currently serves more than 45 million families through partnerships with life insurance providers across US & Canada.
Gyde operates in the space of Medicare Advantage, employee benefits, and individual markets.
John Sauerland will retire from Progressive on July 3, 2026.
The rollout is scheduled for Q2 2026.
The new vertical is led by Alex Casella.
Pace offers AI solutions for insurance companies.
AUB says the investment marks a strategic step for expanding in the UK.
