Household Insurance

InsurTech Specialist Canopy Strengthens Advisory Board

InsureTech innovator and rental property market disrupter Canopy, has today announced details of its first Chairman, Board of Directors & Advisory Board. With a highly successful track record as non-exec chairman, advisor and mentor to […]

Investment

David Lundgren Joins InsurTech Specialist Quantemplate

Quantemplate, an InsurTech firm which uses machine learning to help re/insurers grow their business through data transformation and analytical insights, today announced that David Lundgren has been appointed CEO and Board Director. The company has also […]

Investment

M&A Latest: Sedgwick Snaps Up Cunningham Lindsey

The pace of mergers and acquisitions within the insurance sector shows no sign of slowing down, even as the festive break approaches. After Allianz buying Euler Hermes, Aon expanding with Unidelta and GRP buying Anglo […]

Investment

Honcho Car Insurance App Seeks Crowdfunding Support

New tech business, honcho, is turning to crowdfunding after EU funds allocated to support the launch of its new app designed to reduce costs for young drivers, were put on indefinite hold. honcho will create […]

Business

Allianz Buys a Slice of Euler Hermes – Keen to Acquire More Shares

Insurance giant Allianz has annoucned today that it’s buying 11.34% of Euler Hermes share capital, for a price of 122 euros per share in cash, as a result of which Allianz will own 74.34% of […]

Global insurance trends

Allianz Extends Reach in China and Indonesia Markets

Following the opening of a new branch office in South Korea in June, Allianz Global Corporate & Specialty SE (AGCS) is targeting further growth in Asia by expanding its presence in China and Indonesia. The […]

InsureTech

Gig Economy Pay-As-You-Go Insurance Start-Up Secures More Funding

Pay-as-you go insurance provider Zego has raised £6m in series A funding from Balderton Capital,  as the startup gets ready to launch new products for flexible workers employed in the sharing economy. Clerkenwell-based Zego, which […]

Investment

Aviva Acquires Friends First Life in £116m Deal

The latest news from Aviva; Aviva plc announces that it has reached an agreement to acquire Irish insurer Friends First Life Assurance Company dac (“Friends First”) for a cash consideration of €130m (£116m). As a […]