Search Results for: Head of Insurance

Kin Insurance, Inc. and Omnichannel Acquisition Corp. Mutually Agree To Terminate Business Combination Agreement
InsurTech News

Kin Insurance, Inc. and Omnichannel Acquisition Corp. Mutually Agree To Terminate Business Combination Agreement

Fintech News Desk
Kin Insurance, Inc. (“Kin”), a leading direct-to-consumer homeowners insurance technology company, and Omnichannel Acquisition Corp. (“Omnichannel”), a publicly traded special purpose acquisition company, announced that the companies have mutually agreed to terminate their previously announced agreement and plan of merger (the “Business Combination Agreement”), effective immediately. Latest Fintech Insights: Payrailz Passes......
AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary
InsurTech News

AM Best Assigns Credit Ratings to Universal Fire & Casualty Insurance Company and Its Subsidiary

Fintech News Desk
AM Best has assigned a Financial Strength Rating (FSR) of A- (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) to Universal Fire & Casualty Insurance Company (UFCIC) (headquartered in Waterford, MI) and its wholly owned subsidiary, Shield Indemnity Incorporated (Shield) (Dublin, OH). The outlook assigned to......
Following a Mixed Year For the US Wine Industry, Silicon Valley Bank Predicts Generational Shifts and Climate Change Will Be Turning Points for Wine Industry in Years Ahead
Banking Investment Services News

Following a Mixed Year For the US Wine Industry, Silicon Valley Bank Predicts Generational Shifts and Climate Change Will Be Turning Points for Wine Industry in Years Ahead

Fintech News Desk
Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, released its 2022 State of the Wine Industry Report. The 21st edition of the annual report assesses current conditions in the wine industry and provides a unique forecast for the year ahead based on proprietary research and economic......
Amplify Raises $12M Investment for Life Insurance Investment Platform
InsurTech Investment Services Investments News

Amplify Raises $12M Investment for Life Insurance Investment Platform

Fintech News Desk
Greycroft and Crosslink co-lead funding round on the next generation permanent life insurance platform. Amplify Life Insurance, a digital life insurance platform focused on helping customers build wealth through permanent life insurance, announced it has raised $12M in Series A funding co-led by Greycroft and Crosslink Capital. Other investors who participated......
Tech Mahindra Bets Big on Digitally Transforming Insurance Industry
InsurTech News

Tech Mahindra Bets Big on Digitally Transforming Insurance Industry

Fintech News Desk
Acquisition of Com Tec Co IT Ltd will significantly enhance digital engineering capability and establish scalable nearshore delivery presence in Europe with over 700 highly skilled IT professionals Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services & solutions, announced 100% acquisition of Com Tec Co......
Spott Redefines Financial Services With Timely Launch of Frictionless Liability Insurance for E-commerce Businesses
E-commerce InsurTech News

Spott Redefines Financial Services With Timely Launch of Frictionless Liability Insurance for E-commerce Businesses

Fintech News Desk
Fintech startup emerges from stealth mode after raising $8.3 million in seed funding in 2021 led by Team8 and Viola Ventures Spott announced the launch of the world’s first digital insurance platform designed exclusively for e-commerce sellers. As part of a broader suite of financial services, Spott’s insurance offering enables e-commerce......
Next Insurance Caps Year of Significant Growth With Appointment of New Chief Financial Officer
Fintech InsurTech News

Next Insurance Caps Year of Significant Growth With Appointment of New Chief Financial Officer

Fintech News Desk
Former Airbnb finance executive Teodora Gouneva joins NEXT as CFO as company launches new mobile app and triples gross written premium run rate NEXT Insurance, the leading digital insurtech company transforming small business insurance, announced the appointment of IPO veteran Teodora Gouneva as the company’s Chief Financial Officer, following another year......
Schmidt Insurance Services Joins Integrity to Expand Reach and Diversify Product Portfolio
InsurTech News

Schmidt Insurance Services Joins Integrity to Expand Reach and Diversify Product Portfolio

Fintech News Desk
Addition of rapidly growing IMO will help Integrity execute on its mission to help more American families plan for the good days ahead Integrity Marketing Group, LLC (“Integrity”), an omnichannel insurtech leader in life, health and wealth solutions, announced it has acquired Schmidt Insurance Services, an independent marketing organization (“IMO”)......
New Majesco Research Underscores The Urgency Of Acting Now To Capture and Retain the New Dominant Insurance Buyers – Millennials and Gen Z
InsurTech News

New Majesco Research Underscores The Urgency Of Acting Now To Capture and Retain the New Dominant Insurance Buyers – Millennials and Gen Z

Fintech News Desk
Expectations for a wider array of capabilities from new products and value-added services to payment options, channel choices and personalized, holistic experiences offer growth opportunities Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced the availability of its fifth annual report on insurance customer’s changing......
Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion
Investment Services News

Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion

Fintech News Desk
Blackstone Credit provides an additional $250 million commitment to support Westland’s growth strategy Westland Insurance Group Ltd., one of the largest and fastest-growing independent property and casualty insurance brokers in Canada and a family-owned company, announced it has expanded its partnership with Blackstone Credit. Building on its initial investment in......
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