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Direct Line rejects £3.3 billion bid from Aviva

The deal builds on the current protection partnership between NatWest Group and AIG Life, now owned by Aviva.

Posted: Nov 28, 2024

A Cornucopia of Agentic AI Agents: Revolutionizing Industries One Task at a Time

What Are Agentic AI Agents? Agentic AI Agents are more than just sophisticated algorithms; they are goal-oriented digital systems capable of: Autonomy, Adaptability, Goal Orientation, Context Awareness, Multi-Modal Interaction

Posted: Nov 27, 2024

6 Variations on Producer Licensing for Travel Lines

Travel lines might fall under P&C. Or maybe it’s a limited line. State variations make producer licensing across states a real challenge.

Posted: Nov 27, 2024

Everest launches insurance business in Italy

The launch in Italy follows Everest’s recent expansion into other key international markets, including Australia, Colombia and Mexico.

Posted: Nov 26, 2024

Getty Realty closes $125 million private placement of senior unsecured notes

The financing helps Getty manage its upcoming debt payments and fund future investments.

Posted: Nov 26, 2024

MoneyLion secures $70 million loan facility

Progressive is a client.

Posted: Nov 26, 2024

Abacus Life closes $100 million public offering

Abacus Life is the only life settlement company that's publicly traded.

Posted: Nov 26, 2024

Hamilton Re expands Into Credit, Bond and Political Risk Reinsurance

The company has appointed Sergio Lottimore to the role of Vice President, Credit, Bond and Political Risk Reinsurance.

Posted: Nov 26, 2024

Range raises $28 million

Range offers a wealth management platform.

Posted: Nov 26, 2024

Aon to acquire insurance agency of Mitsubishi Chemical Group

The firms will continue to operate independently until the transaction is completed, which is expected in early 2025.

Posted: Nov 26, 2024

Sony Financial Group to acquire justInCase

The startup publicly disclosed ~$11 million in funding. 

Posted: Nov 25, 2024

Branch Insurance Exchange reports Q3 2024 results

The acquisition is subject to United Kingdom’s Financial Conduct Authority regulatory approval.

Posted: Nov 25, 2024

Prudential Advisors integrates with LPL Financial

The transition included onboarding $25 billion in assets to LPL’s platform.

Posted: Nov 25, 2024

John Hancock offers latest Apple watch models through Vitality program

Vitality PLUS members can earn an Apple Watch starting at $25.

Posted: Nov 25, 2024

Alliant launches Government Contractors focused segment

The segment will be led by Bryan Salek and Angela Kirby.

Posted: Nov 25, 2024

Canara HSBC Life launches OmniGen AI

OmniGen AI analyzes underwriting guidelines, risk profiles, and risk model outputs.

Posted: Nov 25, 2024

Swiss startup Poncho raises $617k

The startup publicly disclosed ~$11 million in funding. 

Posted: Nov 25, 2024

Schmitz appointed at Mutual of Omaha

Before joining Mutual, Schmitz was Legal Counsel at Hudl.

Posted: Nov 22, 2024

DigitalOwl partners with ExamOne

ExamOne supports the life insurance industry with risk assessment solutions.

Posted: Nov 22, 2024

MassMutual backs NeighborShare

NeighborShare expands to Boston, partnering with six new local nonprofits.

Posted: Nov 22, 2024

Tandem appoints Matt Dobson as Chief Financial Officer

Dobson succeeds Dave McCarthy.

Posted: Nov 21, 2024

Konsileo raises £8 million

The company has grown to employ 160 people across the UK.

Posted: Nov 21, 2024

Inszone acquires LIA Texas

This acquisition strengthens Inszone’s footprint in Texas.

Posted: Nov 21, 2024

Tesla reports Q3 2024 results for insurance carriers

Tesla's carriers reported a net underwriting loss of $42 million for the first nine months of 2024. 

Posted: Nov 21, 2024

John Hancock partners with Home Base to provide cancer screening for special operations veterans

Galleri, a blood test capable of detecting over 50 types of cancer, will be provided at no cost to veterans under Home Base's care.

Posted: Nov 21, 2024