Budget Direct

Swiss Re | April 16, 2020

Reinsurance giant Swiss Re Group has committed CHF5m ($5.2 million) to support global COVID-19 relief efforts, particularly in developing countries. The pledge has been made through the reinsurer’s non-profit grant foundation, the Swiss Re Foundation, which will distribute the funds to organizations tackling the current crisis. The foundation will contribute CHF1 million ($1.04 million) each to the International Committee of the Red Cross, which provides humanitarian aid in t...

Core Insurance, Automobile Insurance

Zendrive and MoneyLion | September 16, 2022

Zendrive, a mission-driven company making roads safer with data and analytics, today announced its partnership with MoneyLion Inc. (MoneyLion), the go-to destination for personalized financial content, products, and advice. Zendrive is powering MoneyLion’s offering, giving their millions of users a chance to save on their auto insurance with safer driving behavior. MoneyLion customers can access the program using the MoneyLion app. Once MoneyLion customers opt into the progr...

Core Insurance

Specialist Risk Group, HGGC | December 21, 2020

Specialist Risk Group, a quickly developing specialist insurance broker, today reported that it has consented to a complete arrangement to be procured by driving center market private value firm HGGC. SRG's supervisory crew will contribute close by HGGC and keep on holding a huge stake in the business. The private exchange is relied upon to shut in Q1 2021, subject to administrative endorsement. As a component of the exchange, existing financial specialist Pollen Street Capital will leave th...

Insurance Technology

Vesttoo | September 06, 2021

Vesttoo is proud to announce that it has joined NVIDIA Inception, a program designed to nurture companies revolutionizing industries with advancements in AI and data sciences. Vesttoo's AI-based risk modeling technology creates accurate and objective risk models which are used to structure, price and place alternative reinsurance deals. This transfers insurance risks to capital market investors with a faster time-to-market, full risk transparency and performance monitori...