All articles by Shivam Mishra
Shivam Mishra
Unum partners with Nationwide to offer pet insurance cover
Called Unum Pet Insurance, the new offering comes alongside the customer’s Unum voluntary benefits.
Marsh launches crypto-asset insurance solution for EU clients
The new solution will offer coverage to digital asset custodians, exchanges and administrators operating within the bloc.
Evolin Broking launches terrorism insurance facility
The facility is spearheaded by specialty reinsurance company Chaucer and underwritten at Lloyd’s of London.
Munich Re net result surges more than 68% to €2.14bn in Q1 2024
The company’s insurance revenue from contracts issued was €15.06bn ($16.16bn), up from €14.27bn in the first quarter (Q1) of 2023.
Acrisure expands in UK with two acquisitions
The deals, whose financial terms remain undisclosed, expand Acrisure’s presence in southern England.
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AI-powered insurance solutions provider Simplifai garners funding
Simplifai’s InsuranceGPT is said to be the industry’s first insurance-specific generative AI (GenAI) technology.
Ardonagh enters $1.5bn deal to buy Australia’s PSC Insurance
PSC manages operations across Australia, Bermuda, Hong Kong, Ireland, New Zealand, the UK and Vietnam.
Honeycomb Insurance raises $36m to enhance AI technology and reach
The company leverages AI-driven technology to provide granular risk management and underwriting at the individual building level.
Truist concludes sale of US insurance unit to Stone Point and CD&R
The all-cash deal, which was first announced in February, places the enterprise value of the insurance broker at $15.5bn.
MPCH teams up with Canopius to offer insurance for crypto assets
The insurance covers potential losses or damage to the physical security measures that could render the crypto assets irrecoverable.