Thursday, April 18, 2024
In an insurance business study released by Hong Kong’s Insurance Authority (IA) revealed that its total gross premiums rose by 5.2% in 2018. This shows a significant increase in insurance premiums amounting to a total of HKD514.5 billion, Asia...
The state of Maine recently received a $750,000 grant from Robert Wood Johnson Foundation, which could help boost its health insurance coverage for residents. The state plans to use the money to fund marketing, consumer education, and enrollment assistance for...
Financial institutions that partner with Franklin Madison can now provide their customers with the new Franklin Madison’s pet insurance program. In a press release, the Tennessee-based insurance company announced Tuesday, Oct 1, it has partnered with Crum & Forster Pet...
Spain-based insurtech firm, Elma, successfully raised $3.2 million in the recently concluded Series A funding round. The round was led by Mangrove Capital. Apart from Mangrove Capital, the insurtech business garnered the support of other investors in the industry. These...
Ola, the largest ride-hailing service in India, is set to enter the health insurance space with the announcement of its plan to roll out a health insurance solution in partnership with Religare Health Insurance. According to an article published by...
Investments in cryptocurrencies such as Bitcoin and Ethereum will now have protection from the first-ever crypto insurance of a Cardiff-based firm. Coincover is introducing a new insurance product that aims to protect cryptocurrency investors from theft and loss. The company...
Tower Insurance recently announced its plans to purchase Youi Insurance New Zealand and add the company to its existing portfolio. Tower intends to acquire the New Zealand-based firm for $13 million to boost its growth and reach in the...
Hotel management and booking platform RedDoorz announced Tuesday, Sept 17, it has entered into a strategic partnership with microinsurance and health tech player BIMA. According to a report from Inquirer, the partnership will enable RedDoorz to provide life and...
Consumers of Progressive, Allstate, GEICO, and State Farm are considering switching to a new insurer, according to a new data from consumer-intelligence firm Resonate. Within the 28 million consumers who decide to switch insurers, a number of people claimed that...
Utility giant Pacific Gas and Electric Co. announced Friday, September 13, it has agreed to pay US$11 billion to a group of insurance companies to resolve claims over recent wildfires in 2017 and 2018. According to a statement published by...

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