Search Results for: Reinsurance

Sixfold Raises $15 Million, Led by Salesforce Ventures, to Provide Comprehensive End-to-End Risk Analysis for Underwriters
Artificial Intelligence Finance Fintech Investments News

Sixfold Raises $15 Million, Led by Salesforce Ventures, to Provide Comprehensive End-to-End Risk Analysis for Underwriters

PR Newswire
Company joins Lloyd’s Labs 12th cohort of the award-winning and globally renowned Lloyd’s Lab Accelerator program as Sixfold expands into EMEA; Through its purpose-built generative AI solution and partner integrations with EXL, Guidewire, and more, Sixfold boosts underwriting capacity by 10x Sixfold, the company empowering underwriters with a generative AI......
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The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding
InsurTech News

Gen Re and CME Strive To Fully Digitize Life Insurance Onboarding

PR Newswire
The collaboration between these two companies has resulted in developing a software application designed specifically for primary insurers, which was recently featured at the prestigious 34th General Conference of the General Arab Insurance Federation GAIF 2024. Global reinsurance leader Gen Re and multinational technology firm CME have been working together to bring forth a......
Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion
InsurTech News

Insurtech Hyperexponential Raises $73 Million Series B; Announces US Expansion

Fintech News Desk
Battery Ventures leads, Andreessen Horowitz (a16z) co-invests, and Highland Europe increases position Hyperexponential, a global leader in pricing decision intelligence (PDI) software, announced completion of its $73m Series B funding round led by global technology-focused investment firm Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series......
Howden Tiger Partners with VIP Software to Deliver Loss Cost - Benchmarking Data and SaaS enabled Compliance Applications
InsurTech News

Howden Tiger Partners with VIP Software to Deliver Loss Cost – Benchmarking Data and SaaS enabled Compliance Applications

PR Newswire
Howden Tiger, the reinsurance broking arm of Howden, the global insurance group, announces its new partnership with VIP Software, the leading vendor management platform for insurers. VIP Software has reshaped vendor management in the insurance industry, and this strategic alliance is designed to expand the current success path by leveraging......
House of Assembly to Debate Corporate Income Tax for Multinationals with Revenue of €750M+
Finance Fintech News

Government of Bermuda Announced House of Assembly will debate the CIT Act 2023

Business Wire
Proposed legislation is expected to be a Covered Tax under OECD’s global minimum tax (“GMT”) Proposed tax designed to collect revenue otherwise payable under the OECD’s GMT for Multinationals wherever they operate or are domiciled Legislation to be debated in the House of Assembly on Friday, December 15, 2023 Corporate......
Lingang Supports Foreign Companies To Achieve High-quality Growth In China
News Trading

Lingang Supports Foreign Companies To Achieve High-quality Growth In China

PR Newswire
The Sixth China International Import Expo (CIIE) will be held from November 5 till 10 in Shanghai. It is not only a platform for exhibitors and purchasers to meet and exchange ideas, but also a great venue for Chinese park operators to show their capabilities and services. At the Lingang Group Exhibition......
NEXT Insurance Enters Partnerships with Allstate and Allianz X, Supported by $265 Million Strategic Investment
InsurTech News

NEXT Insurance Enters Partnerships with Allstate and Allianz X, Supported by $265 Million Strategic Investment

PR Newswire
NEXT will provide its products to Allstate customers, expanding its footprint to even more small businesses nationwide NEXT and Allstate will co-develop innovative and unique commercial auto products to target market of 33 million small businesses Deal with Allianz Re bolsters its reinsurance relationship with a multi-year commitment Partnership fuels a new $265......
Risk Strategies Acquires Fairmount Benefits Company
InsurTech News

Risk Strategies Acquires Fairmount Benefits Company

GlobeNewswire
Specialty firm adds to the expertise of rapidly growing national employee benefits practice Risk Strategies, a leading national specialty insurance brokerage and risk management firm, announced it has acquired Fairmount Benefits Company, a Pennsylvania-based specialty firm focused on developing and administering employee benefit programs for corporate employers. Terms of the......
Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP
InsurTech News

Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP

PR Newswire
Seven Insurance Industry Leaders Join Inaugural Advisory Board for Next Stage of Growth Neptune Flood, the largest private provider of flood insurance in the United States, has crossed $200 million of premium in force and adds seven members to its newly formed advisory board, it was announced today by Trevor Burgess, CEO of Neptune Flood.......
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