All articles by Shivam Mishra

Shivam Mishra

Kooperativa enhances fraud detection with AI technology 

Kooperativa’s decision to adopt advanced artificial intelligence (AI) technology is part of the insurer’s broader strategy to digitalise operations and enhance security measures.  

Insurtech company Shepherd secures $13.5m Series A investment  

Shepherd plans to use the funds to expand the underwriting and software team, and scale software offerings. 

bolttech launches new travel insurance in Hong Kong 

The new travel insurance product is available exclusively through FWD’s platform. 

Xceedance rolls out product to boost MGAs’ market responsiveness   

The suite targets programme administrators, managing general agents (MGAs) and managing general underwriters (MGUs). 

Fosun kick-starts process to sell Peak Re stake 

Fosun is seeking a valuation of around $1bn (7.17bn yuan) for its majority stake in Peak Reinsurance (Peak Re).

WTW reports 5% net income growth in Q4 2023 

The company’s revenue for the quarter stood at $2.91bn (£2.31bn), up 7% on a reported basis year-on-year (YoY).

Pacific Prime buys Malaysia’s MIT Insurance Brokers 

The acquired company is based in Malaysia and specialises in risk management and reinsurance solutions.  

Zurich Insurance’s 70% stake acquisition in Kotak’s insurance arm approved 

This move is a strategic effort by the Switzerland-based insurer to establish a robust presence in the Indian non-life insurance market. 

Insurtech company Artificial Labs nets £8m in Series A+ raise 

Artificial Labs’ cloud-based platform utilises machine learning to enhance data control for commercial insurers and brokers. 

Swiss Re’s iptiQ, Goboony team up on motor home insurance 

Designed to serve motor home owners, the new offering will initially be available in the Netherlands.