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Gallagher expands in Bermuda with new specialty insurance business
Jasmine DeSilva has been appointed as the managing director of the new specialty business.
Baloise announces new refocusing strategy post Cevian’s stake hike
The insurer’s new financial goals include a return on equity, strong cash remittance and a higher cash payout rate.
Sampo raises stake in Danish insurer Topdanmark to over 92%
The insurer intends to eventually delist Topdanmark and expects to release the final result of its offer by 16 September 2024.
Trupanion rolls out pet medical insurance product in Germany and Switzerland
The product includes coverage for all eligible unexpected accidents and illnesses, without restrictions based on breed or age.
First Connect, Root partner to streamline insurance quote and bind process
This integration is designed to facilitate a more seamless transaction from quote to policy issuance.
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Once Insurance launches watch and jewellery coverage plan
Currently, the coverage is available for items valued up to $5,000, with plans to extend this limit soon.
Specialist Risk Group buys motor fleet MGA Capulus
The deal, whose financial details remain undisclosed, will see the integration of Capulus’ team of 21 into SRG’s MX.
Azentio boosts insurance tech with strategic acquisitions
The strategic move is set to revolutionise Azentio’s insurance software offerings by integrating AI and machine learning (ML) technologies.
Clear takes over specialist MGA Accelerate Underwriting
The deal, which is Clear’s fourth managing general agent (MGA) purchase, will bolster the company’s existing underwriting services for brokers.
Earnix, Hexaware collaborate to improve insurance pricing
The alliance will offer pricing strategies tools to assist insurers in improving underwriting efficiency and mitigating losses.