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Digital Insurance | December 14, 2021
While some insurance providers are turning to fintech to expand agents’ ability to offer financial planning, investment management and even cryptocurrency, at least one is looking to digitize how it sells actual life insurance.
Equitable, a financial services company that was previously owned by AXA Group, has partnered with fintech startup Bestow to launch an entirely digital term life insurance product. Called Term-in-10, the product will only be available through Equitabl...
CORE INSURANCE, INSURANCE TECHNOLOGY
Majesco | October 27, 2022
Majesco, a global leader of cloud insurance software solutions for insurance business transformation, today announced that it was recognized by specialist research firm, FinTech Global, as a top 100 InsurTech company transforming the insurance industry. This is the fifth edition of the prestigious award, and second year in a row that Majesco has been recognized as an innovator and pioneer providing solutions that address the most pressing challenges and opportunities faced by the insurance indus...
Constellation Affiliated Partners, RedBird Capital Partners, Coastal Insurance Underwriters | December 29, 2020
Constellation Affiliated Partners (Constellation) today announced the acquisition of Coastal Insurance Underwriters (Coastal) and Cybercom. Financial terms of the transaction were not disclosed.
Through the acquisition of Coastal and Cybercom, Constellation will continue to expand its product offerings to the Condominium Association and Homeowner’s Association marketplace. “These new business classes complement many of our existing programs and will provide increased product a...
Insurance Business Magazine | January 29, 2020
Total insurance industry deals for December totaled $14.31 billion, according to analytics company GlobalData’s deals database. The value represented a 233.5% month-over-month spike, and an increase of 224.4% over the 12-month average of $4.41 billion. There were fewer overall deals, however, with a total of 93. That’s a drop of 3.1% over the last 12-month average of 96 deals. North America led deals activity with deals totaling $9.02 billion, according to GlobalData. The top five in...
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