Markets
InShare Raises $7.5M to Grow Insurance Products, Services for the Sharing Economy
InShare has pulled in $7.5 million in seed financing designed to help it expand. The Arizona-based InsurTech hopes to provide insurance products and services to Sharing Economy platforms across ...
Executives On The Move at BHSI, QBE and Zurich Insurance
Berkshire Hathaway Specialty Insurance added an executive to its leadership team in Europe. QBE International boosted its Latin America focus with executive additions to its regional team in Miami ...
Here’s What Travelers, Coalition and Others Pledged After the White House Cyber Meeting
Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House summit on cybersecurity along with giant technology firms ...
Ping An’s Profit Drops by Double Digits Due to China Fortune Loss
Ping An Insurance Group Co of China , China's largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in ...
U.S. Pledges to Help Industry Hammer Out New Cybersecurity Guidelines
The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private ...
Global InsurTech Venture Funding Hits Record Again During Q2 2021: Forrester
Global InsurTech funding reached record levels once again in the 2021 second quarter, even as financings declined from the first three months of the year, according to Forrester's new sector roundup. ...
Pie Insurance to Acquire Regional Insurer as it Evolves Into Full-Stack Carrier
Pie Insurance will acquire a regional insurer as it moves forward with a bid of becoming a full-stack insurance carrier. Pie purchased Western Select Insurance Company, a property casualty insurance ...
Insurance Industry M&A Activity Remains Resilient: Clyde & Co.
Global insurance industry M&A dipped slightly in the first half of 2021, but deals continue to be steady in key parts of the globe even in the face of the coronavirus pandemic, according to a new ...