US insurtech company Gradient AI raises $6m in Series A round

Pallavi Madhiraju- October 7, 2019 0

US insurtech company Gradient AI, which uses artificial intelligence-based solutions, has secured $6.0 million in a Series A financing round led by Forte Ventures and ... Read More

Tokio Marine to acquire PURE Group for $3.1bn

Pallavi Madhiraju- October 3, 2019 0

Tokio Marine acquisition of PURE Group : Japanese insurance holding company Tokio Marine will acquire Privilege Underwriters (PUI), which does business through the US insurance ... Read More

AmWINS to acquire specialty general agent Stealth Partner Group

Pallavi Madhiraju- October 3, 2019 0

AmWINS acquisition of Stealth Partner Group : US insurance broker AmWINS Group, which distributes specialty insurance products and services, has agreed to acquire Arizona-based Stealth ... Read More

Arthur J. Gallagher acquires Serna Insurance Agency in Texas

Pallavi Madhiraju- September 11, 2019 0

Gallagher acquisition of Serna Insurance : Global insurance brokerage Arthur J. Gallagher & Co has acquired Serna Insurance Agency based in Humble, Texas, for an ... Read More

American Investment Strategies acquired by Integrity Marketing Group

Pallavi Madhiraju- September 8, 2019 0

Integrity Marketing Group acquired American Investment Strategies (AIS), an insurance marketing organization based in Ohio, for an undisclosed amount. American Investment Strategies provides a range ... Read More

Markel launches new retrocessional ILS fund manager Lodgepine Capital

Pallavi Madhiraju- September 7, 2019 0

US insurance holding company Markel has launched Lodgepine Capital Management - its new retrocessional insurance linked securities fund manager (retrocessional ILS fund manager) in Bermuda, ... Read More

UK has 1,300 insurance scams uncovered every day, finds ABI report

Pallavi Madhiraju- August 29, 2019 0

UK Insurance industry news : The UK witnesses 1,300 insurance scams uncovered every day with the average con being £12,000, as per the annual detected ... Read More