Paris, France-based artificial intelligence (AI) platform for advancing insurance distribution Zelros successfully raised $11 million in its Series A funding round. With the recent investment, Zelros announced in its press release last February 24, 2021, that its total funding...
Following a dispute on key man insurance policy over the death of Maroon 5 manager, Houston Casualty Company (HCC) was ordered by the court to pay Roc Nation $12 million for the policy claim.
Late manager Jordan Feldstein died of...
The UK government’s Film and TV Production Restart Scheme has been extended to December 31, 2021, for productions in need of insurance for risks associated with Covid-19. The announcement was made by Chancellor Rishi Sunak in his recent Budget...
Specialty insurer and newcomer Mosaic Insurance has entered the market to provide war, terrorism, and political unrest coverage reported Insurance Business Magazine. These products can be considered primary, excess, or quota share insurance.
This new insurer has offices in London...
Electric vehicle manufacturer Tesla Inc. is looking to roll out its offshoot insurance business outside of California to accommodate more customers in different states.
Tesla Insurance, which was launched in 2019, offers comprehensive auto insurance for those who own models...
Mitsui Sumitomo Insurance expects to invest up to 500 billion yen in acquisitions between now and 2023. It is building an M&A fund centered on North America.
Due to a challenging earnings situation in Japan, the Japanese insurance firm aims...
Clearcover, the digital car insurance startup, revealed on Tuesday that it has secured $200 million in a Series D funding round led by Eldridge, the venture fund of Todd Boehly’s Los Angeles Dodgers.
The insurance company headquartered in Chicago did...
German digital bank and financial technology startup N26 is finally venturing into the insurance sector with the launch of its new N26 Insurance. According to Pymnts, the company will reportedly team up with Berlin-based Simplesurance to brings its products...
GroupAssur, a Managing General Agent in Canada that offers property and casualty insurance, merged with Evolution Insurance, and a wholesaler firm in Quebec that provides risk programs and services.
The majority of GroupAssur’s interest is owned by Novacap, one of...
Australian company Stella Insurance is looking to expand its female-focused offerings by launching coverage for other products said Insurance News. The firm seeks to further take a look at women’s “attitude to risk” to create more opportunities for both...
