All articles by Shivam Mishra

Shivam Mishra

Allianz reports 91.1% jump in Q4 2023 net income

The total business volume for the insurer during the three months increased by 7.8% to €39.6bn ($42.9bn) across all business segments.

AXA reports a 45% increase in 2023 net income 

The company’s overall gross written premiums (GWPs) and other revenues also saw a 3% increase, amounting to €102.73bn ($111.23bn) in 2023. 

CNO extends technology partnership with Cognizant 

Cognizant will integrate cloud and digital technologies, including artificial intelligence (AI), to improve CNO’s offerings.  

HUB launches Builder’s Risk Insurance Solutions 

The new service targets project owners, general contractors and developers. 

Zurich Insurance business operating profit soars 21% in 2023

Property and casualty (P&C) gross written premiums and policy fees also saw a 7% uptick to $44.4bn (SFr39.15bn) in 2023.  

BHSF adopts Sapiens SaaS for digital overhaul 

The move is aimed at replacing BHSF’s legacy mainframe application to increase agility. 

Voya unveils new supplemental health insurance 

The new offering covers more than 13,000 conditions that are classified by the International Classification of Diseases (ICD-10) diagnostic codes.  

Insurtech company CLARA Analytics secures funding from Nationwide Ventures 

The investment is a continuation of the collaborative relationship between CLARA Analytics and insurer Nationwide.  

Cyber insurance startup Resilience acquires BreachQuest  

Through the deal, Resilience hopes to improve its incident response mechanisms and support its claims management team.

Beazley expands cyber security services with new unit 

The specialty insurer has combined its in-house Cyber Services team with its wholly owned cyber security company, Lodestone.