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News

10 Insurance Industry Predictions for 2024

The insurance industry continues to be in flux, undergoing several seismic shifts simultaneously. Now that we are officially in the new year, we can see these changes and accelerations in various ways. Read on for ten predictions for our industry in 2024. 

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Simon Taylor, CEO of Uinsure
Funding

LDC Invests Undisclosed Sum in UK Insurtech Uinsure 

Lloyds Development Capital Limited (LDC), a mid-market private equity house and subsidiary of Lloyds Banking Group, has thrown its investment weight behind Uinsure – a cloud-based insurtech that connects financial intermediaries and lenders with a panel of the UK’s insurers. 

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Funding

hyperexponential Raises US$73 Million in its Series B Round

hyperexponential has raised US$73 million in capital in its Series B funding round, led by Battery Ventures, with participation from leading Silicon Valley investor a16z, and existing Series A investor Highland Europe, which increased its holding., three years after its Series A round.

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MAPFRE
Leadership Change

MAPFRE RE Appoints Miguel Ángel Rosa as CEO

MAPFRE has announced a series of strategic appointments as part of its efforts to streamline its organisational structure, and Miguel Ángel Rosa has been named the new Chief Executive Officer (CEO) of MAPFRE RE.

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Agensync Raises US$50 Million in Series B Round
Uncategorized

Agensync Raises US$50 Million in Series B Round

Agentsync has successfully raised US$50 million in its recent Series B funding round. Led by prominent investors, this substantial funding injection marks a pivotal moment in Agentsync’s journey to transform the insurance industry.

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