All articles by Shivam Mishra

Shivam Mishra

Indian life insurer LIC plans health insurance sector foray

The latest news coincides with the proposal for composite insurance licences in the industry. 

Apollo Insurance secures funding to launch BNPL subsidiary

This initiative will offer over 100,000 Canadians, particularly renters, a BNPL payment solution for their insurance premiums. 

Great Eastern minority shareholders resist OCBC’s $1bn buyout bid  

The proposed price of S$25.6 (~$19) per share is seen as a 30% discount against the insurer’s embedded value. 

Insurtech Broker Insights rejigs executive team to fuel expansion 

The company has appointed Peter Scott as the new CEO, a role he assumes after a six-month advisory tenure with the company.  

Arthur J Gallagher subsidiary acquires CCI Surety 

CCI Surety is a managing general underwriter (MGU) specialising in wholesale contract and commercial surety bonds for retail agents across the US.  

Great Eastern hires EY to assess OCBC’s $1bn offer 

Ernst & Young’s (EY) role will be to assess the merits of the offer and advise Great Eastern’s board accordingly. 

Aflac teams up with Nayya to improve supplemental health claims 

Nayya will be responsible for powering the integration of supplemental health claims for a subset of employers in Aflac’s group benefits sector.  

HDI signs fronting partnership with Hallmark Financial in US 

HDI Global Insurance Company will front Hallmark’s commercial business, while HDI Global Select Insurance Company will handle the aviation business.  

Howden rolls out SME cyber insurance platform 

Small businesses with annual revenues of up to $250m can obtain cyber insurance through a four-step process via the platform. 

MAG Mongeral Aegon implements Munich Re digital underwriting solution 

The SARA risk assessment tool has been implemented at the point of sale for MAG Mongeral Aegon’s private segment.