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Beat Capital launches new Accident & Health underwriter business RedRiff
Peter Wilkins has been appointed as the CEO of RedRiff.
Aspen to launch planned $4bn IPO in New York instead of London
The decision is due to the management’s valuation-related concerns and strict listing requirements in the UK.
McGowan Companies acquires assets of Protexure Insurance Agency
This acquisition is expected to add specialised underwriting expertise to McGowan’s existing portfolio.
Higginbotham forms strategic alliance with Marshall Young Insurance
The partnership will allow Higginbotham to add more business offerings to its existing portfolio.
Alea, IMI team up to offer health and insurance services in Hong Kong
Patients at Integrated Medicine Institute (IMI) will gain access to personalised insurance advice from Alea.
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Northern Reinsurance raises additional $50m in committed capital
The latest investment takes the company’s total committed capital raised to $75m.
BNP Paribas Cardif acquires 51% stake in BCC Iccrea Group’s insurance arm
The companies have also signed a strategic bancassurance partnership agreement, which can be extended for 15 years.
Scor Investment Partners appoints new CEO
Louis Bourrousse will succeed Fabrice Rossary, who is stepping down from his role to take up “new professional projects”.
India’s PB Fintech invests nearly $42m in subsidiary Policybazaar
This investment will help Policybazaar further strengthen its financial health to meet general operating expenses.
India’s LIC launches new digital transformation project DIVE
The company is also planning to establish its own fintech unit as a potential business model.