International
Aon Alleges Fraud Over $300 Million Brazilian Acquisition Deal
British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it when it acquired the company four years ago in a 1.35 billion reais ...
InsurTech INSTANDA Raises $19.5M to Expand Market for Customer/Policy Management Platform
INSTANDA, a London-based customer and policy management platform for the insurance industry, has raised $19.5 million in new financing designed to accelerate an international expansion. "Today's ...
The Latest Launches From Zurich and Encova Insurance
Zurich partnered with a California-based InsurTech to reduce claims cost, boost efficiency and fight fraud. Encova Insurance will partner with an InsurTech and use its AI-enabled platform for text ...
Investor Sues Bayer, Alleging ‘Disastrous’ Monsanto Acquisition
A Bayer AG investor sued the board and other top company officials, claiming the "disastrous" 2018 acquisition of Monsanto Co. eroded the company's share value by saddling it with potentially ...
UK Storms Lead to Nearly $474M in Insurance Payouts: ABI
Insurers expect to pay more than $473.7 million to UK customers hit by the recent Storms Ciara and Dennis, according to initial estimates from the Association of British Insurers (ABI). Initial ABI ...
New York Residents Can Buy Travel Insurance With Coronavirus Protections
Travel insurers and travel agents will offer New York residents and businesses the ability to buy coverage that would allow them to cancel a trip for any reason, including those related to ...
Aon, Willis Tower Watson to Combine in Massive Merger Deal
Global insurance brokers Aon and Willis Towers Watson announced a definitive agreement to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion. Under ...
Tractable’s AI-Focused Disaster Recovery Tech Has Global Possibilities: CEO Dalyac
Now that Tractable has nailed down $25 million in new venture financing, founder and CEO Alex Dalyac's growth plans are kicking in. The InsurTech startup, launched in 2014, develops artificial ...