News

Deals: AuditBoard Sold to Hg in $3bn Transaction

The latest from AuditBoard risk platform; AuditBoard, a leading connected risk platform transforming audit, risk, compliance and ESG management, today announces that it has reached an agreement to be acquired in a transaction valued at […]

InsureTech

Deals: Trov Sells Out to Travelers

Trōv, one of the earliest and most widely recognized insurtechs, today announced that its technology has been acquired by The Travelers Companies, Inc. (NYSE: TRV), a leading provider of property casualty insurance for auto, home and […]

News

Deals: Admiral Sells Confused.com to RVU

Admiral Group has announced that it has reached an agreement with ZPG Comparison Services Holdings UK Limited, who will purchase Penguin Portals Group (Confused.com, Rastreator.com and LeLynx.fr) and its 50% share of Preminen Price Comparison […]

News

Co-Op Sells Underwriting Biz To Markerstudy

The Co-op has sold its underwriting business to Markerstudy, TwinFocus and funds managed by Blackstone Credit for proceeds of £185 million. With over 150 years’ experience of creating and selling insurance products and strong ambitions […]

Fraud

Scams, Fraud and Insurance Crime Round Up August 2020

Just some interesting cases we spotted online recently; DORSET Dorset Police stopped a speeding Range Rover recently, posting a photo to their Twitter account with the following comments; “The driver of this £70,000 Land Rover […]

Household Insurance

Openly Raises $7.6m In Funding Round, Aims to Expand Home Insurance Offer

 Openly Inc., the tech-enabled home insurance provider designed to empower rather than replace agents and simplify the home insurance buying process, announces a $7.65M seed round of funding led by Gradient Ventures, Google’s AI-focused venture fund. Simultaneously, […]