Tuesday, December 10, 2019
Global insurance broker Aon announced Wednesday, Nov 20, it has entered into a definitive agreement to acquire the digital insurance platform CoverWallet. In a press release, the London-based professional services firm said that the transaction will provide the company access...
Victims of the recent flooding in parts of England are advised not to clean up their homes until after insurance providers are able to assess the damage. BBC reported that flooded homes, which had “disgusting” elements due to the...
Shanghai Securities News announced that the Chinese insurance sector has a strong market profit in this year’s third quarter due to improved operations and government tax reductions. The data revealed that the industry’s net profit grew by 122.7 percent...
Leading Germany-based insurer Allianz announced its partnership with Microsoft last Thursday, November 14, 2019. The partnership aims to streamline insurance processes across all aspects of the business to provide improved experiences for all its users. Under the joint partnership, Allianz...
Home insurance startup company Luko raised $22 million in the recent Series A investment round. The France-based insurance technology firm announced its successful funding round last Tuesday, November 19, 2019. The Series A investment round was led by Silicon Valley-based...
Research by Niti Aayog, the Policy Commission of India, revealed that the country has a need for mandatory health insurance for every citizen. Livemint reported that the think tank has advised the government to implement an insurance policy that...
Michigan drivers rejoice after the passage of the no-fault fees insurance law was announce last week, said NewsRadio WSGW. To be effective July next year, the policy will result in a 55% reduction on claim fees paid by auto...
Hassantuk, the fire safety monitoring system designed for buildings across UAE, announced Wednesday, Nov 6, it will be facilitating lower insurance premiums for commercial structures that are registered and connected to its system. In a press release, the Al-powered fire...
UK-based startup Zego has become the first UK Insurtech to obtain an insurance license. This enables the company to build and sell its own products as an insurer in the country. In a press release, the firm said it sees...
California power producer PG&E Corp. is offering $13.5 billion in compensation to wildfire victims, despite bankruptcy claim last January. As part of its restructuring plan, PG&E agreed to provide $8.4 billion at first, however, victims sided with noteholders to get...

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