Category : InsurTech

InsurTech News

Inszone Insurance Services Completes Acquisition of Donna Ledwick Insurance Services

Business Wire
by Business Wire0
Inszone Insurance Services, a rapidly growing, national provider of benefits, personal and commercial lines insurance, has announced the completion of its acquisition of Donna Ledwick Insurance Services. The move is part of Inszone Insurance’s strategy to expand its national footprint and build on its reputation as a leading insurance provider......
InsurTech News

Insurify To Acquire Compare.com, Strengthening Market Leadership Position and Empowering Consumers

Business Wire
by Business Wire0
Insurify, Inc., America’s top-rated virtual insurance agent to compare, buy and manage insurance has entered into an agreement to acquire Inspop USA, LLC and its subsidiary, Compare.com Insurance Agency, LLC, a pioneer in the U.S. online auto insurance comparison market in a transaction expected to close in H1 2023. This......
Finance InsurTech News

Citizens Announces Partnership with Alliance Group to Serve Spanish and Portuguese Clients

PR Newswire
by PR Newswire0
Citizens, Inc., a diversified financial services company providing life, living benefits, final expense, and limited liability property insurance, announced that it has entered into a white-label partnership with Alliance Group (Alliance) a large Independent Marketing Organization that is a leader in providing life insurance with living benefits. Under this partnership......
InsurTech Investment Services News

Kuvare Insurance Services Announces Launch of New Leveraged Finance Asset Manager

Business Wire
by Business Wire0
Kuvare Insurance Services LP (KIS), a boutique asset manager that oversees approximately $22 billion in primarily investment-grade assets, announced the commercial launch of a new subsidiary, Katayma Credit Management (Katayma), to focus on the U.S. non-investment grade corporate debt market. “As we continue to deepen our presence in the U.S.......
InsurTech News

Prudential, Vitality Global Expand Partnership in Latin America

Business Wire
by Business Wire0
Building on success in Argentina and Brazil, Prudential Financial and Vitality Global are making holistic wellness achievable for more Latin Americans Prudential Financial, Inc. and Vitality Global, a leading health and well-being company offering smart InsurTech with the goal to build a healthier world, have entered a 10-year, expanded partnership.......
InsurTech News

Ping An Bank Hong Kong Branch Granted Insurance Agency License

PR Newswire
by PR Newswire0
Ping An Insurance (Group) Company of China, Ltd. announced that Ping An Bank Hong Kong Branch (the “branch”) has been granted an insurance agency license by the Hong Kong Insurance Authority. Latest Fintech Interview: Global Fintech Interview with Lisa Loud, CEO & Co-founder at FLUIDEFI Hu Haibo, Vice President of Ping An......
InsurTech News Security

CyberCube Enables Brokers to Better Prepare Clients for Cyber Insurance Placements

Business Wire
by Business Wire0
Cyber risk analytics leader, CyberCube, has launched Prep Module Version 1.0, an add-on module of Broking Manager, the software-as-a-service (SaaS) solution of choice by discerning brokers, designed explicitly for cyber insurance brokers. When paired with Broking Manager, the add-on module improves a broker’s ability to prepare their clients for the cyber......
InsurTech News

Socotra Launches Coreplus Line Of End-to-end Insurance It Solutions, Powered By Socotra Connected Core And Socotra App Marketplace

Business Wire
by Business Wire0
Socotra announced the launch of Socotra CorePlus, a line of complete insurance IT solutions composed of Socotra Connected Core, seamlessly integrated via Socotra App MarketPlace with industry-leading software and data providers, including Mendix, Snapsheet, and Stripe. Socotra CorePlus is designed to decrease risk and costs, while increasing speed-to-market and standardization. Latest......
Fintech InsurTech News

Altai Ventures Launches Differentiated Fund to Help InsurTech and FinTech Founders Reinvent Financial Services

PR Newswire
by PR Newswire0
“Oversubscribed Altai Ventures Fund II, LP Exceeds Target with $53M in Total Commitments from Leading Financial and Institutional Limited Partners” Altai Ventures (“Altai”), an early-stage venture capital firm, announced the closing of Altai Ventures Fund II, LP (“Altai II” or the “Fund”). The fund closed with $53 million in total commitments surpassing its goal......
InsurTech News

LexisNexis Insurance Demand Meter Registers as “Nuclear” for New Policy Growth and “Hot” for Shopping

PR Newswire
by PR Newswire0
Auto insurance shopping and policy switching spiked in response to rate increases from U.S. carriers The latest edition of the LexisNexis Risk Solutions Insurance Demand Meter reports the quarterly year-over-year U.S. auto insurance shopping growth rate rose 2.8% in Q4 2022, up from +1.2% growth in Q3 2022 as auto insurers continue......
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