Search Results for: business insurance

Athene Executes Block Reinsurance Transaction in Japan
InsurTech News

Athene Executes Block Reinsurance Transaction

GlobeNewswire
by GlobeNewswire0
Athene Holding Ltd. (“Athene”), a leading provider of retirement services products, has executed a block reinsurance transaction with FWD Life Insurance Co. Ltd., a Japanese domiciled insurer. Under the terms of the agreement, Athene will reinsure an in-force block of whole life insurance policies. In conjunction with the transaction, Athene......
UAE Buy Now Pay Later Business Report 2023
Finance Fintech News

UAE Buy Now Pay Later Business Report 2023

Business Wire
by Business Wire0
The “UAE Buy Now Pay Later Business and Investment Opportunities Databook – 75+ KPIs on BNPL Market Size, End-Use Sectors, Market Share, Product Analysis, Business Model, Demographics – Q2 2023 Update” report has been added to ResearchAndMarkets.com’s offering. BNPL payments in UAE are expected to grow by 19.6% on an annual basis to reach......
ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance
Artificial Intelligence Fintech News

ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance

Business Wire
by Business Wire0
Speakers from Chubb, Allstate, Nationwide, Credit One Bank, Zions Bancorporation, Everyday Life, Hagerty and more will be featured at the ISG TechXchange: BFSI event, December 5 Banking, financial services and insurance (BFSI) institutions plan to leverage AI and other technologies to meet their top 2024 goals of improving customer experience,......
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
by PR Newswire0
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......
Pattern Insurance Unveils FlexIt: Revolutionizing Cancellation Flexibility for Non-Refundable Bookings
InsurTech News

Pattern Insurance Unveils FlexIt: Revolutionizing Cancellation Flexibility for Non-Refundable Bookings

PR Newswire
by PR Newswire0
Pattern, a leading InsurTech innovator specializing in customized embedded insurance and non-insurance products, is thrilled to announce the launch of its groundbreaking service, FlexIt. Designed to provide unmatched cancellation flexibility for non-refundable bookings, FlexIt empowers travel, booking, and registration retailers to offer their customers an immediate, no-questions-asked cancellation option. According to Expedia’s most......
Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding
Fintech Investments News

Cyber Security and Insurance Platform Upfort Raises $8 Million in Series A Funding

Business Wire
by Business Wire0
Funding propels Upfort’s efforts to empower businesses in building cyber resilience Upfort, a cutting-edge cyber security and insurance platform, today announced it has raised $8 million in a Series A funding round led by SYN Ventures, with participation of Eniac Ventures and Fika Ventures, which co-led Upfort’s seed round. This investment advances Upfort’s goal......
Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040
Finance Fintech

Life insurance industry unprepared for $7.8 trillion wealth transfer to beneficiaries by 2040

Business Wire
by Business Wire0
60% of individuals aged 65 or older have not sought professional financial advice to prepare for retirement or to transfer their wealth Three-in-four consumers are interested in innovative life insurance offerings to help them age well, but insurers lack the product development capabilities The Capgemini Research Institute’s World Life Insurance......
AIG Announces Business Leadership Appointments to Drive Next Phase of Profitable Growth
Banking Fintech News

AIG Announces Business Leadership Appointments to Drive Next Phase of Profitable Growth

Business Wire
by Business Wire0
David McElroy Appointed Chairman of General Insurance Don Bailey Appointed CEO, North America Insurance Jon Hancock Appointed CEO, International Insurance American International Group is pleased to announce that David McElroy, currently Chief Executive Officer, General Insurance, will assume the newly created role of Chairman, General Insurance; Don Bailey, currently Global......
SkyWatch and Droneinsurance.com Join Forces To Set The Benchmark In Digital Drone Insurance
InsurTech News

SkyWatch and Droneinsurance.com Join Forces To Set The Benchmark In Digital Drone Insurance

PR Newswire
by PR Newswire0
SkyWatch, a leader in digital insurance for the aviation industry, is proud to announce the strategic acquisition of Droneinsurance.com’s assets. This collaboration brings together two innovative platforms, to offer clients a seamless experience with more options. It marks a significant milestone in the drone insurance sector and underlines SkyWatch’s commitment to......
Texas Regional Bank Acquires Smith-Reagan Insurance
InsurTech News

Texas Regional Bank Acquires Smith-Reagan Insurance

PR Newswire
by PR Newswire0
TRB Expands Commercial Insurance Portfolio Texas Regional Bank (TRB) announces its recent acquisition of Smith-Reagan Insurance (Smith-Reagan), a leading provider of commercial insurance services in Cameron County, Texas. The acquisition is part of TRB’s continued expansion of its insurance subsidiary. TRB Insurance Agency was established in 2022 and began issuing policies......
1