Howden, the London-based re/insurance broker, announced the acquisition of Belgian insurance broker, Sarton & Associés. Financial terms of the deal were not disclosed. As Howden… Read More »Howden Acquires Belgian Insurance Broker Sarton & Associés
Renaissance Insurance Group JSC, Russia’s largest online policy provider, set a price range for its initial public offering in Moscow that values the company at… Read More »Russia’s Renaissance Insurance Seeks $1 Billion Valuation in IPO
Digital MGA Getsafe disclosed $30 million in new financing led by new investor Swiss Re. The Heidelberg, Germany-based InsurTech said the money will help build… Read More »Germany’s Getsafe Raises $30M, Led by Swiss Re; Eyes Becoming Full Carrier
India is considering a proposal for foreign investors to own as much as 20% in Life Insurance Corp., according to a person with knowledge of… Read More »India Plans to Let Foreign Investors Hold 20% Stake in Life Insurance Corp.’s IPO
U.S. insurer Chubb Ltd has agreed to buy health insurer Cigna Corp’s life, accident, and supplemental benefits businesses in Asia Pacific and Turkey for $5.75… Read More »Chubb to Buy Some of Cigna’s Asia-Pacific Businesses for $5.8 Billion
Global data analytics provider Verisk is leveraging artificial intelligence and image analytics to generate underwriting insights for small business insurers from more than 200 million… Read More »Verisk Using AI to Gain Underwriting Insights From Yelp Reviews of Small Businesses
Insurer Aon plc announced the launch of a new offering aimed at increasing the resilience of businesses in the UK and the Europe, Middle East,… Read More »Aon Launches ‘Ransomware Defence’ to Address Cyber Insurability Challenges
Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports.… Read More »J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts)
Hub International Ltd. acquired the assets of Verity Insurance Services Inc. and Bellehaven Management Inc. Terms of the transaction were not disclosed. Located in Covina,… Read More »Hub Acquires Assets of Verity and Bellehaven in California
California is encouraging more use of fire to fight fire, such as when deliberately set burns were recently used to protect giant sequoias from a… Read More »California Encourages Prescribed Burns to Counter Wildfires