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Majesco, a global frontrunner in cloud insurance platform software, has declared the resounding success of its strategic acquisition of ClaimVantage in January 2021
Global reinsurer Hannover Re has showcased impressive growth in its H1 2023 financial results, recording a remarkable 3.9% surge in reinsurance revenue, which now stands at €12.3 billion.
Embedded insurance specialist, Cover Genius, has announced an exciting new partnership with Uber to offer enhanced protection for drivers in Brazil.
The State of Connecticut recently launched the Connecticut Baby Bond Trust with an initial deposit of $398 million, made possible in part by using a debt service reserve fund insurance policy from Build America Mutual (BAM).
DUAL, the prominent London-based managing general agent (MGA), has made a significant move by acquiring David Ashby Underwriting Ltd. (DAU), a specialised MGA focused on bloodstock and high-value sports horse insurance.
Ambac Financial Group, Inc. (NYSE: AMBC), a financial services holding company, has announced its acquisition of a majority stake in Riverton Insurance Agency Corp., a New Jersey-based insurance services business comprising a Managing General Agency (MGA) and a retail agency. The terms of the deal have not been disclosed.
Insurtech company Tractable, based in London, has secured $65 million in a Series E funding round led by SoftBank Vision Fund 2
Leading MGA, Nexus Underwriting, has successfully finalised its acquisition of Evolve Cyber Insurance Services LLC, an MGA based in California specialising in cyber insurance.
Despite the challenging market environment, insurtech startups are thriving. Insurtech Insights lists FIVE key players, with female founders and CEOs, that are driving change in the marketplace
NFP has finalised the purchase of FinTrust Insurance and Benefits’ employee benefits solutions business and Presidio Financial Services Corporation, marking the latest additions to its expanding portfolio of acquisitions.
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