The round was co-led by Greycroft and HSCM Bermuda, with participation from returning investors American Family Ventures and Revolution’s Rise of the Rest Seed Fund, as well as new investors SignalFire, SCOR Global P&C, Elefund, Foundation Capital, and individuals from Stone Point Capital.

The transaction enlarges the service offering for customers and grows Allianz’ geographical footprint in Brazil. The purchase price is BRL 3.2 billion (approx. 0.5 billion euros).

The Company will also consolidate its remaining New York City area footprint.

Sun Life Canada has launched Sun eApp, an online insurance application platform for third party advisors and their clients. The new platform enables advisors to submit digital insurance applications for...

Zoetis has acquired Virtual Recall, an innovative business that helps veterinary practices to improve their service offering and communication with pet owners. “This is an exciting opportunity for Zoetis to...

Kentucky is the ninth state where Farmers has expanded access to its branded products since 2011 and the second, following South Carolina earlier this year, where the insurer has introduced a digital-first experience.

This case involves losses incurred from mis-selling complaints for PPI underwritten by two companies that AXA acquired from Genworth in 2015.

With his promotion to president, Mr. DeSanto will oversee all businesses of the company, including the Individual Life Insurance and Agency Distribution units, as well as Retail Annuities, New York Life Investment Management, and the company’s portfolio of industry-leading strategic businesses.

Led by managing director, Jodi Cartwright and Product Director, Bryan Phillips, Coverly was set to launch in Q1 2019 and offer pay-as-you-go commercial insurance for SMEs while asking fewer questions and making it “super quick” to buy coverage.

Insurity, Inc., a leading provider of cloud-based core system solutions and data analytics for the world’s largest insurers, brokers, and MGAs, announced that it has completed the acquisition of Austin,...

In 2019, Yolt reached over one million users and was chosen as the best personal finance app at the International Payments Awards 2019.

Mutual will stop using the Native American imagery associated with its corporate logo. The transition away from the current symbol will begin immediately.

Launched in 2016, the fintech company now has 120 employees and over 450,000 customers, who deposit a reported £100 million onto the platform every month.

As part of the transaction, Amynta said it will partner with Crum & Forster to provide the underwriting capacity for the business and assume Aspen’s in-force surety portfolio.