Wednesday, April 24, 2024
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...
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...
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...
All Major League Baseball teams are working to file a suit against insurance providers in light of billion-dollar losses during the 2020 season, said the Associated Press. The losses were sustained due to the pandemic. Several insurance companies were hit...
Car management platform Caura is set to offer its own auto coverage through the so-called “Caura Project,” said Tech Crunch. This new product is intended to make getting car insurance more affordable and streamlined. The UK-based app was created in...
Mumbai-based insurance technology firm Turtlemint has successfully raised $30 million in its recent Series D funding round. The Indian startup company helps provide users with the right insurance policies focusing on health, life, and motor segments. In particular, the Economic...
New Zealand insurance firm Vero partnered up with charity organization Good Shepherd to offer auto coverage for low-income earners through a trial run, said the NZ Herald. Premiums for this plan starts at $8 per week. The 12-month trial applies...
Over the past years, cyber insurance has been getting traction because of the need to protect systems against malicious attacks. However, a few claims more and the industry is at the risk of failing, said the World Economic Forum. The...
Blackpoint Cyber recently revealed its new product Blackpoint RISK, cyber liability insurance for its partner companies and their clients, reported PR Newswire. The product covers cyber events such as crimes, ransomware, and attacks. The company, whose main clients are managed...
Daimler Insurance Services formed a strategic partnership with reinsurer Swiss Re to offer automotive insurance services to calculate risk. Two companies form Movinx, Berlin-based mobility insurance that will act as the managing general agent for vehicle purchase. According to the...

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