Swiss insurance company Zurich Insurance Group will be adding Metlife Inc’s auto and home insurance business to its portfolio for $3.94 billion in cash, said The Wall Street Journal. This move is expected to reflect significant growth in the...
Insurance technology startup Wefox recently revealed its predictions for 2021 and said that the year will be a profitable one, said Insurance Journal. It foresees revenue of $365 million (300 million euros).
The startup is expected to double its revenue...
The number of people who enrolled for the health insurance exchange in Georgia increases by 10 percent, reaching half a million by 2021.
With the ongoing global pandemic, a lot of people especially unemployed individuals signed up for health insurance...
With the ongoing global pandemic, the number of Americans who brought life insurance increased by seven percent, according to MIB Group.
The data-sharing service for insurance companies tracked the flood of applications in the past year, with coronavirus or COVID-19...
Insurance technology company Lemonade seeks to raise an initial amount of $466 million as part of its underwritten public offering, states the Intelligent Insurer. However, as the company announced its secondary offering to the public, stock prices went down...
French insurance technology startup company LeoCare raised €15 million (approximately $18.1 million) in its Series A funding round. The investment round was led by Felix Capital, Ventech, and Daphni.
LeoCare is an insurtech company that specializes in offering its customers...
U.S. President Joe Biden took executive actions to reopen the federal marketplaces for the Affordable Care Act (ACA) with COVID-19 coverage.
An executive order signed by Biden indicates a 90-day enrollment period on Healthcare.gov for the insurance marketplace that will...
Illinois-based insurance company Allstate reported a drop in policy renewals of about 87.5 percent in 2020, the worst rate since 2001.
The company stated that there was a decline in the policies at the end of 2020, about 0.5 percent...
Insurtech company Kin Insurance has recently surpassed $10 billion in total insured property value, according to PRWeb. This shows a growth of around 400% in written premiums during the fourth quarter of 2020 compared to 2019 figures.
The firm has...
Insurance Panda, a New York City-based provider of auto insurance quotes, has posted a new article on its website that discusses a relevant topic - using bitcoin to pay for auto insurance premiums.
According to a company representative, Insurance Panda...
