It was only just a dream

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…

Empire Life Signs Agreement with MetLife

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,…

IAG X2

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…

A word with Margo CEO

“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…

In the meantime

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…

In the mix

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…

Software is eating the world and driving it too

The US National Highway Transportation Safety Administration (NHTSA) said it will recognize Google’s software as the “driver… if no human occupant of the vehicle can actually drive“. Bottom Line: a step…

A word with Stride Health CEO

“We identified a pretty compelling market need in the on-demand economy” – CEO and cofounder of Stride Health, Noah Lang, on why the online health insurance broker is targeting partnerships with players in…

A word with Parker Conrad

“Some days you’re the fire hydrant and some days you’re the dog” – Zenefits cofounder Parker Conrad on life. Yesterday he stepped down from his position as CEO and handed over the reins to COO David…

Saving humanity from high insurance rates

Think: Compare.com. US car insurance comparison service provider launched its first-ever national advertising campaign assuring consumers that there is no longer a need to be confused by car insurance rates. Look…

Nothing will stop them

Manulife is bringing its fitness trackers and financial incentives to the Canadian market by partnering exclusively with wellness program provider Vitality Group to offer savings on life insurance premiums to…

The verdict on #EsuranceSweepstakes campaign

According to data from tech company Spredfast, Esurance Twitter mentions spiked at 6:35 PM when the commercial aired, generating 9,000 tweets per minute. The hashtag also trended nationally on Twitter for…

Gone exec gone

Five execs resign from Wapic Insurance. Luckily, it’s Insurance Careers Month.

Bold strategy

AXA plans to invest $84 million in one of the world’s largest e-commerce companies – Africa Internet Group – in a deal that will give the insurer an 8% stake and make it one of…

New strategy

South African price comparison site Click n Compare will be rebranding to Compare Guru and introducing an animated character called The Guru over the next month. Also, the new site will feature a financial…

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